Colony Bankcorp, Inc. (CBAN) To Go Ex-Dividend on February 11th

Colony Bankcorp, Inc. (NASDAQ:CBAN) declared a quarterly dividend on Wednesday, January 28th. Investors of record on Wednesday, February 11th will be paid a dividend of 0.12 per share by the financial services provider on Wednesday, February 25th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, February 11th. This is a 4.3% increase from Colony Bankcorp’s previous quarterly dividend of $0.12.

Colony Bankcorp has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 7 consecutive years.

Colony Bankcorp Stock Performance

Colony Bankcorp stock opened at $21.05 on Monday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.81 and a quick ratio of 0.80. Colony Bankcorp has a 12 month low of $13.99 and a 12 month high of $21.46. The company has a market cap of $447.40 million, a price-to-earnings ratio of 15.59 and a beta of 0.65. The stock’s 50-day moving average is $18.46 and its 200-day moving average is $17.32.

Institutional Trading of Colony Bankcorp

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Colony Bankcorp by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 945,386 shares of the financial services provider’s stock valued at $16,081,000 after purchasing an additional 41,879 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Colony Bankcorp by 3.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 708,698 shares of the financial services provider’s stock worth $12,055,000 after purchasing an additional 21,715 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Colony Bankcorp by 3.0% in the 2nd quarter. Geode Capital Management LLC now owns 367,897 shares of the financial services provider’s stock valued at $6,060,000 after purchasing an additional 10,798 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Colony Bankcorp by 0.8% during the second quarter. The Manufacturers Life Insurance Company now owns 286,561 shares of the financial services provider’s stock worth $4,720,000 after purchasing an additional 2,313 shares during the last quarter. Finally, Hillsdale Investment Management Inc. grew its stake in Colony Bankcorp by 29.2% in the second quarter. Hillsdale Investment Management Inc. now owns 280,657 shares of the financial services provider’s stock worth $4,622,000 after purchasing an additional 63,400 shares in the last quarter. 50.37% of the stock is owned by hedge funds and other institutional investors.

About Colony Bankcorp

Colony Bankcorp is a bank holding company headquartered in Fitzgerald, Georgia, operating through its wholly owned subsidiary Colony Bank. The company offers a full suite of commercial and consumer banking products, including checking and savings accounts, certificates of deposit, and mortgage lending. In addition to traditional deposit and loan services, Colony Bank provides home equity loans, SBA financing, and treasury management solutions tailored to small and medium-sized businesses.

Beyond its core banking offerings, Colony Bankcorp delivers trust and wealth management services through dedicated fiduciary professionals.