Is Capital City Bank Stock Worth Buying Post 4.4% Dividend Hike?

Capital City Bank Group, Inc. (CCBG) announced a quarterly cash dividend of 24 cents per share, indicating a 4.4% hike from the prior payout of 23 cents. The dividend will be paid out on March 24, 2025, to its shareholders of record as of March 10.Before this, in August 2024, CCBG raised its dividend by 9.5% to 23 cents per share. The company has increased its dividend payout nine times in the past five years. Considering yesterday’s closing price of $37.10, its current dividend yield is 2.48% compared with ...