Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) has declared a quarterly cash dividend of $.15 per share, producing an annualized rate of $.60. This dividend will be payable on March 22, 2021, to shareholders on record as of March 8, 2021. The annualized dividend yield stands at 2.31%, based on a closing stock price of $26.01 as of February 24, 2021. With approximately $3.8 billion in assets, Capital City Bank Group provides a full range of banking services across Florida, Georgia, and Alabama.

Positive

• Quarterly cash dividend of $.15 per share shows company confidence.
• Annualized dividend yield of 2.31% is attractive for investors.

Negative

• None.

News Market Reaction – CCBG

-3.02%

-3.02% Session move

In the trading session that priced this news, CCBG declined 3.02%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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TALLAHASSEE, Fla., Feb. 25, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $.15 per share. The dividend produces an annualized rate of $.60 per common share and is payable on March 22 to shareowners of record as of March 8, 2021. The annualized dividend yield is 2.31% based on a closing stock price of $26.01 on February 24, 2021.

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 $3.8 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 and securities brokerage services.  Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 57 banking offices and 86 ATMs/ITMs in Florida, Georgia and Alabama.  For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

For Information Contact:
J. Kimbrough Davis
Executive Vice President and Chief Financial Officer
850.402.7820

FAQ

What is the dividend amount declared by CCBG?

The dividend amount declared by CCBG is $.15 per share.

When will the CCBG dividend be paid?

The CCBG dividend will be paid on March 22, 2021.

What is the annualized dividend yield for CCBG?

The annualized dividend yield for CCBG is 2.31%.

What is the record date for CCBG's dividend?

The record date for CCBG's dividend is March 8, 2021.