STOCK TITAN

Community Trust Bancorp (NASDAQ: CTBI) boosts dividend and special cash payout

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Community Trust Bancorp, Inc. reports that its Board of Directors declared a higher quarterly cash dividend of $0.65 per share, with payments beginning on October 1, 2026 to shareholders of record on September 15, 2026. This new rate represents a 22.6% increase in the quarterly dividend.

In addition to the regular dividend, the Board approved a one-time cash dividend of $0.06 per share, payable on the same October 1, 2026 date to the same record holders. These actions increase cash returned to shareholders through both a higher ongoing dividend and an additional one-time payment.

Positive

  • Board raises the quarterly cash dividend to $0.65 per share, a 22.6% increase, enhancing recurring cash returns to shareholders.
  • Board approves an additional one-time cash dividend of $0.06 per share, payable October 1, 2026 to shareholders of record on September 15, 2026.

Negative

  • None.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Quarterly dividend per share $0.65 per share Quarterly cash dividend declared, payable October 1, 2026 to shareholders of record September 15, 2026.
Dividend increase percentage 22.6% Increase in the quarterly cash dividend represented by the new $0.65 per share rate.
One-time dividend per share $0.06 per share Additional one-time cash dividend approved, payable October 1, 2026 to shareholders of record September 15, 2026.
Record date September 15, 2026 Shareholders of record on this date will receive both the quarterly and one-time dividends.
Payment date October 1, 2026 Scheduled payment date for both the quarterly and one-time cash dividends.
quarterly cash dividend financial
"declared a quarterly cash dividend of $0.65 per share beginning with the October 1, 2026 payment"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
one-time cash dividend financial
"the Board approved a one-time cash dividend payment of $0.06 per share to shareholders of record"
shareholders of record financial
"to shareholders of record on September 15, 2026, also to be paid on October 1, 2026"
Shareholders of record are the people officially listed as owners of a company's stock on a specific date. This matters because only these shareholders are entitled to receive dividends or vote at company meetings. It's like being on the official guest list for a party—you get to enjoy the perks and have a say.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What dividend did Community Trust Bancorp (CTBI) declare on July 28, 2026?

The Board declared a quarterly cash dividend of $0.65 per share. It will be paid on October 1, 2026 to shareholders of record on September 15, 2026, replacing the prior quarterly rate and representing a significant increase in regular cash distributions.

How much did CTBI increase its quarterly cash dividend by in 2026?

Community Trust Bancorp stated that the new $0.65 per share quarterly cash dividend represents a 22.6% increase. Shareholders will receive this higher amount beginning with the October 1, 2026 payment to investors listed as shareholders of record on September 15, 2026.

Is Community Trust Bancorp (CTBI) paying a special or one-time dividend in 2026?

Yes. The Board approved a one-time cash dividend of $0.06 per share. This additional dividend will be paid on October 1, 2026 to shareholders of record on September 15, 2026, alongside the increased $0.65 quarterly dividend.

When must investors own CTBI shares to receive the new and one-time dividends?

Investors must be shareholders of record on September 15, 2026 to receive both the $0.65 quarterly dividend and the $0.06 one-time dividend. Both cash payments are scheduled for October 1, 2026 using this single record date.

Do the CTBI dividend changes affect all shareholders in the same way?

Each share of Community Trust Bancorp common stock outstanding on September 15, 2026 entitles its holder to the declared per-share amounts. Every such share will receive the $0.65 quarterly cash dividend and the additional $0.06 one-time cash dividend on October 1, 2026.

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C.  20549
 
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)
July 28, 2026
 
Commission file number 001-31220
 
COMMUNITY TRUST BANCORP, INC.
(Exact name of registrant as specified in its charter)
 
Kentucky
61-0979818
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification No.)
   
P.O. Box 2947
346 North Mayo Trail
Pikeville, Kentucky
41502
(Address of principal executive offices)
(Zip code)
 
 
(606) 432-1414
(Registrant’s telephone number)
 
Securities registered pursuant to Section 12(b) of the Act:
 
Common Stock
(Title of class)
 
CTBI
The NASDAQ Global Select Market
(Trading symbol)
(Name of exchange on which registered)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[   ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[   ]
Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12)
[   ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[   ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company
 
            If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 

 
 
 
Item 8.01 Other Events—Announcing Increase in Cash Dividend provided under Items 7.01 and 8.01 of Form 8-K
 
On July 28, 2026, the Board of Directors of Community Trust Bancorp, Inc. declared a quarterly cash dividend of $0.65 per share beginning with the October 1, 2026 payment to shareholders of record on September 15, 2026.  This represents an increase of 22.6% in the quarterly cash dividend.  In addition to the quarterly cash dividend, the Board approved a one-time cash dividend payment of $0.06 per share to shareholders of record on September 15, 2026, also to be paid on October 1, 2026.
 
 
Signatures
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
     
COMMUNITY TRUST BANCORP, INC.
       
     
By:
       
Date:
July 29, 2026
 
/s/ Mark A. Gooch
     
Mark A. Gooch
     
Chairman, President, and Chief Executive Officer
 
0000350852 false 0000350852 2026-07-29 2026-07-29

Filing Exhibits & Attachments

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