Colony Bankcorp's most recent dividend payment of $0.113 per share was made to shareholders on record before Aug 7, 2024. The payout stands at $0.45 per share annually, which works out to a dividend yield of 2.98%.
CBAN has a dividend yield of 2.98% which is above the Financial Services sector and its peers average but below the industry average. Compared to its Financial Services sector average of 2.78%, Colony Bankcorp's dividend yield is 7% higher. Historically CBAN's dividend yield has averaged at 3.1% in the last 5 years, which is similar to the current yield.
Colony Bankcorp has a dividend history dating as far as 1998, but lately the company has been paying dividends for the last seven consecutive years. According to our data CBAN has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 2.3% for the last year. However since the stock price has gone up by 57% from a year ago, the dividend yield has decreased by 35%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 7, 2024 | $0.113 | 3.42% |
May 7, 2024 | $0.113 | 3.96% |
Feb 6, 2024 | $0.113 | 3.8% |
Nov 7, 2023 | $0.11 | 4.3% |
Aug 8, 2023 | $0.11 | 3.99% |
May 9, 2023 | $0.11 | 4.8% |
Feb 8, 2023 | $0.11 | 3.31% |
Nov 3, 2022 | $0.108 | 3.19% |
Aug 4, 2022 | $0.108 | 2.97% |
May 5, 2022 | $0.108 | 2.51% |
Feb 3, 2022 | $0.108 | 2.52% |
Nov 2, 2021 | $0.103 | 2.13% |
Aug 2, 2021 | $0.103 | 2.26% |
Apr 30, 2021 | $0.103 | 2.6% |
Jan 28, 2021 | $0.103 | 2.9% |
Oct 29, 2020 | $0.1 | 3.13% |
Aug 6, 2020 | $0.1 | 3.5% |
May 7, 2020 | $0.1 | 3.11% |
Jan 30, 2020 | $0.1 | 2.1% |
Oct 30, 2019 | $0.075 | 1.93% |
Jul 30, 2019 | $0.075 | 1.95% |
Apr 29, 2019 | $0.075 | 1.76% |
Jan 29, 2019 | $0.075 | 1.75% |
Oct 29, 2018 | $0.05 | 1.32% |
Aug 30, 2018 | $0.05 | 0.97% |
Jun 1, 2018 | $0.05 | 0.94% |
Mar 2, 2018 | $0.05 | 0.85% |
Dec 4, 2017 | $0.025 | 0.71% |
Aug 30, 2017 | $0.025 | 0.58% |
May 31, 2017 | $0.025 | 0.37% |
Feb 27, 2017 | $0.025 | 0.18% |
CBAN has a payout ratio of 35.6% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 43.2%, Colony Bankcorp's payout ratio is 18% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
UBSI United Bankshares Inc | 3.86% | $1.48 | 55.8% |
SNV Synovus Financial Corp | 3% | $1.52 | 92.7% |
CBAN Colony Bankcorp Inc | 2.92% | $0.45 | 35.6% |
ABCB Ameris Bancorp | 0.95% | $0.6 | 13.3% |
Yes, Colony Bankcorp has been paying dividends for the last seven years.
Colony Bankcorp's last dividend ex-date was on Aug 7, 2024. The dividend amount was $0.113 per share.
CBAN's annualized dividend per share is $0.45.
Currently Colony Bankcorp's dividend yield is 2.98%.
Colony Bankcorp pays dividends quarterly.
Colony Bankcorp's dividend payout ratio is 35.6%.
Colony Bankcorp's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.