Why Capital City Bank (CCBG) is a Great Dividend Stock Right Now

Company Overview - Capital City Bank (CCBG) is headquartered in Tallahassee and operates in the Finance sector [3] - The stock has experienced a price change of -3.63% since the beginning of the year [3] Dividend Information - CCBG is currently paying a dividend of $0.24 per share, resulting in a dividend yield of 2.72%, which is higher than the Banks - Southeast industry's yield of 2.33% and the S&P 500's yield of 1.61% [3] - The annualized dividend of $0.96 represents a 9.1% increase from the previous year [4] - Over the last 5 years, CCBG has increased its dividend 5 times, with an average annual increase of 11.35% [4] - The current payout ratio is 29%, indicating that the company paid out 29% of its trailing 12-month EPS as dividends [4] Earnings Growth - CCBG is expected to see earnings expansion this fiscal year, with the Zacks Consensus Estimate for 2025 at $3.14 per share, reflecting a year-over-year earnings growth rate of 0.64% [5] Investment Opportunity - CCBG is positioned as a compelling investment opportunity due to its attractive dividend and a strong Zacks Rank of 2 (Buy) [7]