Capital City Bank Group: Dividend Insights
Portfolio Pulse from Benzinga Insights
Capital City Bank Group (NASDAQ:CCBG) announced a quarterly dividend of 20 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, likely opening 20 cents lower to reflect the payout. Shareholders owning the stock by the end of Thursday will receive the dividend on December 18, 2023.
November 28, 2023 | 2:45 pm
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Capital City Bank Group will pay a quarterly dividend of 20 cents per share, with the stock going ex-dividend on Friday and expected to open lower by the dividend amount.
The stock price of CCBG is likely to decrease in the short term by the amount of the dividend as it goes ex-dividend, which is a common occurrence as the value of the dividend is accounted for in the stock price.
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IMPORTANCE 75
RELEVANCE 100