Capital City Bank Group, Inc. Increases Cash Dividend
Capital City Bank Group (NASDAQ: CCBG) has announced a quarterly dividend increase to $0.24 per share, representing a 4.35% rise from the previous quarter's $0.23.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Capital City Bank Group (NASDAQ: CCBG) has announced a quarterly dividend increase to $0.24 per share, representing a 4.35% rise from the previous quarter's $0.23. The dividend will be paid on March 24, 2025 to shareholders of record as of March 10, 2025.
Based on the February 26, 2025 closing price of $36.44, this new dividend translates to an annualized yield of 2.63% and an annualized rate of $0.96 per common share.
Positive
- Dividend increased by 4.35% to $0.24 per share
- Annualized dividend yield of 2.63%
- Demonstrates company's financial strength and commitment to shareholder returns
Negative
- None.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was +2.34%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TALLAHASSEE, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of
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
For Information Contact:
Jep Larkin
Executive Vice President and Chief Financial Officer
850.402.8450
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