Unleashing Growth Potential: Capital City Bank Group Surpasses Expectations with Strong Performance and Increasing Profits
Portfolio Pulse from Benzinga Insights
Capital City Bank Group (NASDAQ:CCBG) is set to deliver a dividend payout of $0.20 per share, equating to an annualized dividend yield of 2.66%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.48 to $0.66. The earnings per share also increased from $1.82 in 2019 to $2.06 in 2022. Washington Trust Bancorp (NASDAQ:WASH) leads the industry with the highest annualized dividend yield at 8.35%.
September 25, 2023 | 3:05 pm
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Capital City Bank Group is set to deliver a dividend payout of $0.20 per share, with an annualized yield of 2.66%. The company has shown positive growth in dividends and earnings per share.
The company's positive growth in dividends and earnings per share indicates a strong financial performance, which could potentially attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Washington Trust Bancorp leads the industry with the highest annualized dividend yield at 8.35%.
The high annualized dividend yield could make Washington Trust Bancorp more attractive to income-seeking investors, potentially driving the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50