Capital City Bank (CCBG) is a Top Dividend Stock Right Now: Should You Buy?

Core Insights - The primary focus for income investors is generating consistent cash flow from liquid investments, which can come from dividends, bond interest, and other investment interests [1][2] Company Overview - Capital City Bank (CCBG), headquartered in Tallahassee, has experienced a price change of 15.99% this year and currently pays a dividend of $0.26 per share, resulting in a dividend yield of 2.45% [3] - The company's dividend yield surpasses the Banks - Southeast industry's yield of 2.29% and the S&P 500's yield of 1.54% [3] Dividend Growth - CCBG's current annualized dividend of $1.04 reflects an 18.2% increase from the previous year [4] - Over the past five years, the company has raised its dividend five times, averaging an annual increase of 12.29% [4] - The future growth of dividends will depend on earnings growth and the payout ratio, which is currently at 28% [4] Earnings Expectations - The Zacks Consensus Estimate for CCBG's earnings in 2025 is projected at $3.43 per share, indicating a year-over-year growth rate of 9.94% [5] Investment Considerations - CCBG is viewed as an attractive dividend investment and a compelling opportunity, holding a Zacks Rank of 2 (Buy) [6]