Capital City Bank Group Plans Quarterly Dividend of $0.27 (NASDAQ:CCBG)

Capital City Bank Group (NASDAQ:CCBG) declared a quarterly dividend on Wednesday, May 20th. Shareholders 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) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Monday, June 1st.

Capital City Bank Group has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 11 years. Capital City Bank Group has a 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 Trading Up 1.1%

CCBG stock opened at $46.49 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.79 and a quick ratio of 0.79. The company has a fifty day moving average price of $44.94 and a two-hundred day moving average price of $43.39. Capital City Bank Group has a one year low of $35.94 and a one year high of $48.78. The stock has a market cap of $794.98 million, a price-to-earnings ratio of 13.17 and a beta of 0.33.

Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings data on Monday, April 20th. The financial services provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.07. Capital City Bank Group had a net margin of 21.01% and a return on equity of 11.10%. The firm had revenue of $62.75 million during the quarter, compared to analysts’ expectations of $63.25 million. Equities analysts anticipate that Capital City Bank Group will post 3.69 EPS for the current 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.