Capital City Bank Group, Inc. Increases Cash Dividend

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.

News Market Reaction – CCBG

+2.34%

1 alert

+2.34% News Effect

On the day this news was published, CCBG gained 2.34%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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 $0.24 per share. It represents a 4.35% increase over the prior quarter dividend of $0.23 per share. The dividend produces an annualized rate of $0.96 per common share and is payable on March 24, 2025 to shareowners of record as of March 10, 2025. The annualized dividend yield is 2.63% based on a closing stock price of $36.44 on February 26, 2025.

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 $4.3 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 104 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 new quarterly dividend for 2025?

Capital City Bank Group's new quarterly dividend is $0.24 per share, payable on March 24, 2025.

How much did CCBG increase its dividend in February 2025?

CCBG increased its dividend by 4.35%, from $0.23 to $0.24 per share.

What is the annualized dividend yield for CCBG based on February 2025 prices?

The annualized dividend yield is 2.63%, based on the February 26, 2025 closing price of $36.44.

When is the record date for CCBG's increased quarterly dividend?

The record date for CCBG's quarterly dividend is March 10, 2025.

What is CCBG's annualized dividend rate per share after the February 2025 increase?

CCBG's annualized dividend rate is $0.96 per common share.