Capital City Bank Group (CCBG) to Issue Quarterly Dividend of $0.27 on September 22nd

Capital City Bank Group (NASDAQ:CCBG) declared a quarterly dividend on Thursday, August 27th. Investors of record on Tuesday, September 8th will be paid a dividend of 0.27 per share by the financial services provider on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 8th.

Capital City Bank Group has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 11 consecutive years. Capital City Bank Group has a payout ratio of 33.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Capital City Bank Group to earn $3.75 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 28.8%.

Capital City Bank Group Trading Up 0.7%

Shares of NASDAQ CCBG opened at $51.84 on Friday. The business’s 50 day moving average is $51.04 and its two-hundred day moving average is $47.12. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.79 and a quick ratio of 0.78. Capital City Bank Group has a 1-year low of $38.27 and a 1-year high of $53.60. The stock has a market capitalization of $887.14 million, a P/E ratio of 14.40 and a beta of 0.32.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The business had revenue of $64.80 million for the quarter, compared to the consensus estimate of $64.25 million. Capital City Bank Group had a return on equity of 11.11% and a net margin of 21.37%. As a group, research analysts expect that Capital City Bank Group will post 3.69 EPS for the current year.

Capital City Bank Group Company Profile

Capital City Bank Group, Inc is a Florida‐based bank holding company headquartered in Tallahassee. As the parent of Capital City Bank, it offers a full suite of financial services through a network of community banking offices. The company traces its origins to the late 19th century, reflecting more than a century of continuous operation in its home market.

Through its banking subsidiary, Capital City Bank Group provides retail and commercial banking products, including checking and savings accounts, consumer and commercial loans, mortgage financing, and treasury management services.