Capital City Bank Group Increases Quarterly Dividend From $0.21 To $0.23 Per Share
Portfolio Pulse from Benzinga Newsdesk
Capital City Bank Group, Inc. (NASDAQ:CCBG) has increased its quarterly dividend by 9.5% to $0.23 per share, resulting in an annualized dividend yield of 2.67%. The dividend is payable on September 23, 2024, to shareholders of record as of September 9, 2024.
August 29, 2024 | 8:19 pm
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Capital City Bank Group has announced a 9.5% increase in its quarterly dividend to $0.23 per share, enhancing its attractiveness to income-focused investors. The annualized yield is now 2.67%.
The increase in dividend indicates a strong financial position and commitment to returning value to shareholders, which is likely to attract income-focused investors and potentially boost the stock price in the short term.
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