Colony Bankcorp, Inc. (CBAN) to Distribute Quarterly Dividend of $0.12 on August 19th

Colony Bankcorp, Inc. (NYSE:CBAN) announced a quarterly dividend on Wednesday, July 22nd. Investors of record on Wednesday, August 5th will be paid a dividend of 0.12 per share on Wednesday, August 19th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, August 5th.

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

Colony Bankcorp Trading Down 0.1%

NYSE:CBAN opened at $21.90 on Monday. The stock’s fifty day moving average price is $20.56 and its two-hundred day moving average price is $20.12. The company has a market cap of $463.38 million, a P/E ratio of 13.27 and a beta of 0.56. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.89 and a quick ratio of 0.88. Colony Bankcorp has a 1 year low of $15.80 and a 1 year high of $22.29.

Colony Bankcorp (NYSE:CBAN) last issued its earnings results on Wednesday, July 22nd. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.48 by $0.04. Colony Bankcorp had a return on equity of 10.67% and a net margin of 15.42%.The business had revenue of $42.03 million during the quarter, compared to the consensus estimate of $40.90 million. As a group, analysts expect that Colony Bankcorp will post 1.92 EPS for the current year.

Colony Bankcorp Company Profile

Colony Bankcorp, Inc is a bank holding company headquartered in Baxley, Georgia, that operates through its primary subsidiary, The Colony Bank. The company’s core focus is on delivering community banking services tailored to individuals, small businesses and agricultural customers throughout Georgia and Florida. Colony Bankcorp’s structure supports a full suite of deposit and lending solutions designed to meet the needs of local markets.

The company offers a range of deposit products, including personal and business checking accounts, savings and money market accounts, and certificates of deposit.