Colony Bankcorp's most recent quarterly dividend payment of $0.108 per share was made to shareholders on record before Nov 3, 2022. The payout stands at $0.43 per share annually, which works out to a dividend yield of 3.16%.
CBAN has a dividend yield of 3.16% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.68%, Colony Bankcorp's dividend yield is 18% higher. Historically CBAN's dividend yield has averaged at 2.1% in the last 5 years, which is below 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 five consecutive years. According to our data CBAN has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.6% for the last year. And since the stock price has gone down by 25% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
CBAN has a payout ratio of 39.2% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 30.6%, Colony Bankcorp's payout ratio is 28% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UBSI United Bankshares Inc | 3.42% | $1.44 | 54.8% |
| SNV Synovus Financial Corp | 3.28% | $1.35 | 27.3% |
| CBAN Colony Bankcorp Inc | 3.16% | $0.43 | 39.2% |
| UCBI United Community Banks Inc | 2.19% | $0.84 | 36.1% |
| ABCB Ameris Bancorp | 1.15% | $0.6 | 12% |
Yes, Colony Bankcorp has been paying dividends for the last five years.
Currently CBAN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.
Colony Bankcorp's last dividend ex-date was on Nov 3, 2022. The dividend amount was $0.108 per share.
CBAN's annualized dividend per share is $0.43.
Currently Colony Bankcorp's dividend yield is 3.16%.
Colony Bankcorp pays dividends quarterly.
Colony Bankcorp's dividend payout ratio is 39.2%.
Colony Bankcorp's dividend yield is above the Financial Services sector average.