TALLAHASSEE, Fla., Aug. 24, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $.07 per share. The dividend produces an annualized rate of $.28 per common share and is payable on September 19, 2017 to shareowners of record as of September 5, 2017. The annualized dividend yield is 1.37% based on a closing stock price of $20.39 on August 23, 2017. The $0.07 regular dividend represents an increase of 40% over the prior quarter dividend.
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 $2.8 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, and securities brokerage services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 60 banking offices and 74 ATMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.
For Information Contact: J. Kimbrough Davis Executive Vice President and Chief Financial Officer 850.402.7820
Source:Capital City Bank Group, Inc.