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

Capital City Bank Group (NASDAQ:CCBG) announced a quarterly dividend on Thursday, August 27th. Investors of record on Tuesday, September 8th will be given 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 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 increased its dividend annually for the last 11 consecutive years. Capital City Bank Group has a dividend payout ratio of 33.4% meaning its dividend is sufficiently covered by earnings. Equities 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 Price Performance

Shares of NASDAQ CCBG opened at $51.34 on Friday. The stock has a market cap of $878.43 million, a price-to-earnings ratio of 14.26 and a beta of 0.31. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.78 and a current ratio of 0.79. Capital City Bank Group has a fifty-two week low of $38.27 and a fifty-two week high of $53.60. The firm’s 50-day simple moving average is $50.78 and its 200 day simple moving average is $46.83.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The firm had revenue of $64.80 million during the quarter, compared to analyst estimates 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 anticipate that Capital City Bank Group will post 3.69 earnings per share for the current fiscal 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.