Capital City Bank Group, Inc. Increases Cash Dividend

Rhea-AI Summary

The Board of Directors of Capital City Bank Group (NASDAQ: CCBG) has declared a quarterly cash dividend of $0.17 per share, marking a 6.25% increase from the previous dividend of $0.16. This brings the annualized dividend to $0.68 per share, equating to an annualized yield of 2.03% based on the stock's closing price of $33.56 on August 24, 2022. The dividend is payable on September 26 to shareholders on record as of September 12, 2022.

Positive

• Quarterly cash dividend increased by 6.25% to $0.17 per share.
• Annualized dividend yield stands at 2.03%.

Negative

• None.

News Market Reaction

-0.98%

1 alert

-0.98% News Effect

On the day this news was published, CCBG declined 0.98%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TALLAHASSEE, Fla., Aug. 25, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $.17 per share. It represents a 6.25% increase over the prior quarter of $.16. The dividend produces an annualized rate of $.68 per common share and is payable on September 26 to shareowners of record as of September 12, 2022. The annualized dividend yield is 2.03% based on a closing stock price of $33.56 on August 24, 2022.

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 $4.4 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 life insurance. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 57 banking offices and 88 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 Capital City Bank Group (CCBG)?

The Board declared a quarterly cash dividend of $0.17 per share.

When will the dividend be paid to shareholders of CCBG?

The dividend will be payable on September 26, 2022.

What is the annualized dividend yield for CCBG?

The annualized dividend yield is 2.03% based on a closing stock price of $33.56.

Who is eligible to receive the CCBG dividend?

Shareholders on record as of September 12, 2022, are eligible to receive the dividend.