Thursday Is Your Last Chance To Buy Capital City Bank Group Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Capital City Bank Group (NASDAQ:CCBG) announced a quarterly dividend of 18 cents per share, with Thursday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Friday, and the dividend will be paid out on June 20, 2023.
May 30, 2023 | 2:46 pm
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Capital City Bank Group's stock will likely open 18 cents lower on Friday due to the ex-dividend status. Investors must own the stock by end of Thursday to be eligible for the dividend payout.
The stock will go ex-dividend on Friday, which means it will trade lower to reflect the dividend payout. This is a common occurrence for stocks when they go ex-dividend, and it does not necessarily indicate a negative impact on the stock price in the long term. The importance of this news is high for investors who want to be eligible for the dividend payout, but the short-term price impact is neutral as it is a regular event in the stock market.
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