Capital City Bank Group, Inc. (NASDAQ:CCBG) to Issue $0.13 Quarterly Dividend

Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly dividend on Thursday, November 21st, Zacks reports. Shareholders of record on Monday, December 9th will be given a dividend of 0.13 per share by the financial services provider on Monday, December 23rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Friday, December 6th.

NASDAQ:CCBG opened at $28.30 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.83 and a quick ratio of 0.83. Capital City Bank Group has a one year low of $21.04 and a one year high of $30.85. The company has a market cap of $484.54 million, a PE ratio of 21.77 and a beta of 0.70. The firm has a 50-day moving average of $28.89 and a 200-day moving average of $25.94.

Capital City Bank Group (NASDAQ:CCBG) last announced its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.05. The business had revenue of $40.10 million for the quarter, compared to analysts’ expectations of $39.40 million. Capital City Bank Group had a net margin of 18.76% and a return on equity of 9.35%. On average, equities research analysts expect that Capital City Bank Group will post 1.67 earnings per share for the current fiscal year.

Several brokerages have recently commented on CCBG. ValuEngine raised Capital City Bank Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 29th. Hovde Group cut Capital City Bank Group from an “outperform” rating to a “market perform” rating and set a $30.00 target price on the stock. in a research report on Monday, September 23rd. Zacks Investment Research downgraded Capital City Bank Group from a “hold” rating to a “sell” rating in a report on Friday, November 8th. Finally, BidaskClub lowered Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Capital City Bank Group currently has an average rating of “Hold” and a consensus price target of $27.00.

Capital City Bank Group Company Profile

Capital City Bank Group, Inc operates as the bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgia, and Alabama. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.

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Dividend History for Capital City Bank Group (NASDAQ:CCBG)

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