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CBAN Colony Bankcorp dividend history, payout ratio & dates

Colony Bankcorp's most recent quarterly dividend payment of $0.113 per share was made to shareholders on record before Feb 6, 2024. The payout stands at $0.44 per share annually, which works out to a dividend yield of 4.18%. The latest CBAN stock dividend of $0.113 is an increase from the previous $0.11 distribution, representing a growth of 2.3%.

Key dates

  • CBAN last dividend date: Feb 6, 2024
  • CBAN next dividend date: Not announced
CBAN dividend stats
DPS
$0.44
Dividend yield
4.18%
Payout ratio
35.7%
vs. Financial Services sector
Dividend yield
3.55%
Payout ratio
39.4%

Dividend yield

What is Colony Bankcorp current dividend yield

CBAN has a dividend yield of 4.18% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.55%, Colony Bankcorp's dividend yield is 18% higher. Historically CBAN's dividend yield has averaged at 2.9% in the last 5 years, which is below the current yield.

Dividend history

What is CBAN dividend payout history and dates

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 10% from a year ago, the dividend yield has decreased by 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 6, 2024 Feb 21, 2024 Jan 24, 2024 $0.113 normal
Nov 7, 2023 Nov 22, 2023 Oct 25, 2023 $0.11 normal
Aug 8, 2023 Aug 23, 2023 Jul 26, 2023 $0.11 normal
May 9, 2023 May 24, 2023 Apr 27, 2023 $0.11 normal
Feb 8, 2023 Feb 23, 2023 Jan 26, 2023 $0.11 normal
Nov 3, 2022 Nov 18, 2022 Oct 20, 2022 $0.108 normal
Aug 4, 2022 Aug 20, 2022 Jul 21, 2022 $0.108 normal
May 5, 2022 May 20, 2022 Apr 21, 2022 $0.108 normal
Feb 3, 2022 Feb 18, 2022 Jan 20, 2022 $0.108 normal
Nov 2, 2021 Nov 17, 2021 Oct 21, 2021 $0.103 normal
Aug 2, 2021 Aug 17, 2021 Jul 22, 2021 $0.103 normal
Apr 30, 2021 May 17, 2021 Apr 22, 2021 $0.103 normal
Jan 29, 2021 Feb 12, 2021 Jan 22, 2021 $0.103 normal
Jan 28, 2021 Feb 12, 2021 Jan 22, 2021 $0.103 normal
Oct 29, 2020 Nov 13, 2020 Oct 15, 2020 $0.1 normal
Aug 6, 2020 Aug 21, 2020 Jul 16, 2020 $0.1 normal
May 7, 2020 May 22, 2020 Apr 24, 2020 $0.1 normal
Jan 30, 2020 Feb 18, 2020 Jan 16, 2020 $0.1 normal
Oct 30, 2019 Nov 15, 2019 Oct 17, 2019 $0.075 normal
Jul 30, 2019 Aug 15, 2019 Jul 18, 2019 $0.075 normal
Apr 29, 2019 May 15, 2019 Apr 18, 2019 $0.075 normal
Jan 29, 2019 Feb 15, 2019 Jan 17, 2019 $0.075 normal
Oct 29, 2018 Nov 15, 2018 Oct 18, 2018 $0.05 normal
Aug 30, 2018 Sep 28, 2018 Aug 21, 2018 $0.05 normal
Jun 1, 2018 Jun 29, 2018 May 23, 2018 $0.05 normal
Mar 2, 2018 Mar 30, 2018 Feb 21, 2018 $0.05 normal
Dec 4, 2017 Dec 28, 2017 Nov 21, 2017 $0.025 normal
Aug 30, 2017 Sep 29, 2017 Aug 15, 2017 $0.025 normal
May 31, 2017 Jun 30, 2017 May 23, 2017 $0.025 normal
Feb 27, 2017 Mar 31, 2017 Jan 17, 2017 $0.025 normal

Colony Bankcorp dividend payout ratio

What is Colony Bankcorp dividend payout ratio compared to the sector

Payout ratio

CBAN has a payout ratio of 35.7% 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 39.4%, Colony Bankcorp's payout ratio is 9% lower.

Total amount of dividends paid per financial year (from cash flow)

CBAN dividend vs peer dividends

How does CBAN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
UBSI United Bankshares Inc 4.5% $1.46 53.7%
CBAN Colony Bankcorp Inc 4.18% $0.44 35.7%
SNV Synovus Financial Corp 4.15% $1.52 43.7%
UCBI United Community Banks Inc 3.75% $0.92 59.7%
ABCB Ameris Bancorp 1.35% $0.6 15.4%

Frequently asked questions

Does Colony Bankcorp pay a dividend?

Yes, Colony Bankcorp has been paying dividends for the last seven years.

When is Colony Bankcorp's next dividend?

Currently CBAN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.

When was CBAN's last dividend?

Colony Bankcorp's last dividend ex-date was on Feb 6, 2024. The dividend amount was $0.113 per share.

How much dividend does Colony Bankcorp pay (per share)?

CBAN's annualized dividend per share is $0.44.

What is Colony Bankcorp's dividend yield?

Currently Colony Bankcorp's dividend yield is 4.18%.

How often does Colony Bankcorp pay dividends?

Colony Bankcorp pays dividends quarterly.

What is Colony Bankcorp's dividend payout ratio?

Colony Bankcorp's dividend payout ratio is 35.7%.

Does Colony Bankcorp pay a good dividend?

Colony Bankcorp's dividend yield is above the Financial Services sector average.