Capital City Bank Group, Inc. Declares Cash Dividend
The Board of Directors at Capital City Bank Group, Inc. (NASDAQ: CCBG) has made an exciting announcement! They have declared a quarterly cash dividend of $0.26 per share for their common stock. This decision reflects the company's dedication to rewarding its shareholders.
Details of the Dividend Announcement
The declared dividend results in an annualized rate of $1.04 for each common share. It's scheduled to be payable on a future date to shareowners who are on record as of a specified time. As a point of interest, this translates to an annualized dividend yield of 2.63%. This yield is based on the closing stock price of $39.53 from a recent date, demonstrating the company's solid standing in the market.
Understanding Capital City Bank Group
Founded in 1895, Capital City Bank Group, Inc. (NASDAQ: CCBG) has proudly established itself as one of the largest publicly traded financial holding companies in the state. With total assets amounting to approximately $4.3 billion, the bank has a robust financial position that allows it to offer a wide variety of services to its customers.
A Range of Banking Services Offered
Customers of Capital City Bank can take full advantage of a broad array of banking services. From traditional deposit and credit services to specialized offerings such as mortgage banking, asset management, trust services, merchant banking, and securities brokerage, the bank consistently aims to meet the diverse financial needs of its clientele. This comprehensive menu ensures that both individual and business customers can find exactly what they require.
Community Commitment
Capital City Bank operates a total of 62 banking offices and boasts 108 ATMs and ITMs across not just Florida but also in neighboring states like Georgia and Alabama. This physical presence underscores the company's commitment to serving its communities and providing accessible banking solutions to residents within these regions.
Future Growth and Objectives
The forward-thinking strategies of Capital City Bank Group include expanding their service offerings while enhancing the customer experience. Their dedication to innovation and customer satisfaction is likely to drive the bank further in achieving both business growth and shareholder value.
Contact Information for Shareholders
For those looking for more information or wanting to reach out with questions, Jep Larkin serves as the Executive Vice President and Chief Financial Officer and is available for inquiries. Interested parties can connect with Jep at the provided phone number to discuss any topics regarding the bank’s performance or future plans.
Frequently Asked Questions
What is the amount of the declared dividend by Capital City Bank Group?
The declared dividend is $0.26 per share for its common stock.
When is the dividend payable?
The dividend is payable on a date specified by the bank to shareholders of record.
What is Capital City Bank Group known for?
Capital City Bank Group is known for being a major financial holding company offering various banking services, with a strong commitment to its customers.
What type of services does the bank provide?
The bank provides a full range of services, including traditional banking, mortgage banking, asset management, and more.
Who can I contact for more information about the bank?
For more details, shareholders can contact Jep Larkin, the Executive Vice President and Chief Financial Officer, using the provided phone number.
