Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

Capital City Bank Group (NASDAQ: CCBG) has announced a quarterly cash dividend of $0.23 per share on its common stock. The dividend will be paid on December 23, 2024, to shareholders of record as of December 9, 2024. Based on the closing stock price of $38.35 on November 20, 2024, this represents an annualized dividend yield of 2.40%. The quarterly dividend translates to an annualized rate of $0.92 per common share.

Positive

• Consistent dividend payment maintaining shareholder returns
• 2.40% annualized dividend yield providing steady income to investors
• Quarterly dividend of $0.23 per share indicates financial stability

Negative

• None.

News Market Reaction – CCBG

+1.77%

+1.77% Session move

In the trading session that priced this news, CCBG gained 1.77%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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TALLAHASSEE, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.23 per share. The dividend produces an annualized rate of $0.92 per common share and is payable on December 23, 2024 to shareowners of record as of December 9, 2024. The annualized dividend yield is 2.40% based on a closing stock price of $38.35 on November 20, 2024.

About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.2 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 63 banking offices and 105 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

For Information Contact:
Jep Larkin
Executive Vice President and Chief Financial Officer
850.402.8450

FAQ

What is Capital City Bank Group's (CCBG) latest quarterly dividend amount?

Capital City Bank Group declared a quarterly cash dividend of $0.23 per share.

When is CCBG's next dividend payment date in 2024?

The dividend will be paid on December 23, 2024, to shareholders of record as of December 9, 2024.

What is CCBG's annualized dividend yield based on November 20, 2024 stock price?

The annualized dividend yield is 2.40%, based on the closing stock price of $38.35 on November 20, 2024.

What is Capital City Bank Group's (CCBG) annualized dividend rate?

The dividend produces an annualized rate of $0.92 per common share.