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Capital City Bank Group, Inc. Increases Cash Dividend

1. CCBG declared a quarterly cash dividend of $0.24 per share. 2. This represents a 4.35% increase from the prior dividend. 3. The annualized dividend yield is 2.63% based on recent stock price. 4. CCBG manages approximately $4.3 billion in assets across multiple states. 5. Common stock dividend payable on March 24, 2025.

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FAQ

Why Bullish?

The dividend increase typically boosts investor confidence and demand, evidenced in CCBG's last dividend hike in 2024 when shares rose substantially following the announcement.

How important is it?

Regular dividend increases signal strong financial health, attracting income-focused investors, which may uplift CCBG's stock price significantly.

Why Short Term?

The upcoming dividend payment is likely to enhance CCBG's stock price in the short term, similar to past payment reactions.

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RFWALCUBI
TALLAHASSEE, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.24 per share. It represents a 4.35% increase over the prior quarter dividend of $0.23 per share. The dividend produces an annualized rate of $0.96 per common share and is payable on March 24, 2025 to shareowners of record as of March 10, 2025. The annualized dividend yield is 2.63% based on a closing stock price of $36.44 on February 26, 2025. About Capital City Bank Group, Inc. Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.3 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 63 banking offices and 104 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com. For Information Contact:Jep LarkinExecutive Vice President and Chief Financial Officer850.402.8450

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