Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

The Board of Directors of Capital City Bank Group has declared a quarterly cash dividend of $0.18 per share on its common stock, translating to an annualized yield of 2.12%. This dividend is payable on March 20, 2023 to shareholders of record as of March 6, 2023. The declaration reflects the bank's commitment to returning value to its investors. Capital City Bank Group, headquartered in Florida, manages approximately $4.5 billion in assets and offers comprehensive financial services across the southeastern U.S.

Positive

• Quarterly cash dividend of $0.18 per share boosts shareholder value.
• Annualized dividend yield of 2.12% enhances investor confidence.

Negative

• None.

News Market Reaction – CCBG

+0.44%

1 alert

+0.44% News Effect

On the day this news was published, CCBG gained 0.44%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

TALLAHASSEE, Fla., Feb. 23, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.18 per share. The dividend produces an annualized rate of $0.72 per common share and is payable on March 20, 2023 to shareowners of record as of March 6, 2023. The annualized dividend yield is 2.12% based on a closing stock price of $33.93 on February 22, 2023.

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 $4.5 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 58 banking offices and 89 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 the dividend amount declared by CCBG?

The dividend amount declared by Capital City Bank Group (CCBG) is $0.18 per share.

When will the CCBG dividend be payable?

The CCBG dividend will be payable on March 20, 2023.

What is the record date for the CCBG dividend?

The record date for the CCBG dividend is March 6, 2023.

What is the annualized dividend yield for CCBG?

The annualized dividend yield for CCBG is 2.12%.