Capital City Bank Group (CCBG) To Go Ex-Dividend on June 1st

Capital City Bank Group (NASDAQ:CCBG) announced a quarterly dividend on Wednesday, May 20th. Investors of record on Monday, June 1st will be given a dividend of 0.27 per share by the financial services provider on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, June 1st.

Capital City Bank Group has increased 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 payout ratio of 33.4% indicating that its dividend is sufficiently covered by earnings. 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 $46.68 on Friday. The stock’s 50-day moving average is $45.02 and its two-hundred day moving average is $43.45. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.79 and a quick ratio of 0.79. Capital City Bank Group has a 1-year low of $35.94 and a 1-year high of $48.78. The company has a market cap of $798.27 million, a price-to-earnings ratio of 13.22 and a beta of 0.33.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings results on Monday, April 20th. The financial services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.07. Capital City Bank Group had a return on equity of 11.10% and a net margin of 21.01%.The company had revenue of $62.75 million for the quarter, compared to the consensus estimate of $63.25 million. Analysts forecast that Capital City Bank Group will post 3.69 EPS for the current fiscal year.

About Capital City Bank Group

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.