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CTBI Community Trust Bancorp dividend history, payout ratio & dates

Community Trust Bancorp's most recent quarterly cash dividend of $0.46 per share was issued to shareholders on record before Mar 14, 2024. The payout stands at $1.82 per share annually, which works out to a dividend yield of 4.24%.

Key dates

  • CTBI last dividend date: Mar 14, 2024
  • CTBI next dividend date: Not announced
CTBI dividend stats
DPS
$1.82
Dividend yield
4.24%
Payout ratio
41.7%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
39.5%

Dividend yield

What is Community Trust Bancorp current dividend yield

CTBI has a dividend yield of 4.24% which is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 3.38%, Community Trust Bancorp's dividend yield is 25% higher. Historically CTBI's dividend yield has averaged at 4.1% in the last 5 years, which is similar to the current yield.

Dividend history

What is CTBI dividend payout history and dates

Community Trust Bancorp has been paying dividends for the last 30 years. According to our data CTBI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. However since the stock price has gone up by 20% from a year ago, the dividend yield has decreased by 12%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 14, 2024 Apr 1, 2024 Jan 23, 2024 $0.46 normal
Dec 14, 2023 Jan 1, 2024 Oct 24, 2023 $0.46 normal
Sep 14, 2023 Oct 2, 2023 Jul 25, 2023 $0.46 normal
Jun 14, 2023 Jul 1, 2023 Apr 26, 2023 $0.44 normal
Mar 14, 2023 Apr 1, 2023 Jan 25, 2023 $0.44 normal
Dec 14, 2022 Jan 1, 2023 Oct 25, 2022 $0.44 normal
Sep 14, 2022 Oct 1, 2022 Jul 26, 2022 $0.44 normal
Jun 14, 2022 Jul 1, 2022 Apr 26, 2022 $0.4 normal
Mar 14, 2022 Apr 1, 2022 Jan 28, 2022 $0.4 normal
Dec 14, 2021 Jan 1, 2022 Oct 26, 2021 $0.4 normal
Sep 14, 2021 Oct 1, 2021 Jul 28, 2021 $0.4 normal
Jun 14, 2021 Jul 1, 2021 Apr 29, 2021 $0.385 normal
Mar 12, 2021 Apr 1, 2021 Jan 29, 2021 $0.385 normal
Dec 14, 2020 Jan 1, 2021 Oct 29, 2020 $0.385 normal
Sep 14, 2020 Oct 1, 2020 Jul 29, 2020 $0.385 normal
Jun 12, 2020 Jul 1, 2020 Apr 28, 2020 $0.38 normal
Mar 12, 2020 Apr 1, 2020 Jan 28, 2020 $0.38 normal
Dec 12, 2019 Jan 1, 2020 Oct 22, 2019 $0.38 normal
Sep 12, 2019 Oct 1, 2019 Jul 23, 2019 $0.38 normal
Jun 13, 2019 Jul 1, 2019 Apr 23, 2019 $0.36 normal
Mar 14, 2019 Apr 1, 2019 Jan 29, 2019 $0.36 normal
Dec 13, 2018 Jan 1, 2019 Oct 23, 2018 $0.36 normal
Sep 13, 2018 Oct 1, 2018 Jul 24, 2018 $0.36 normal
Jun 14, 2018 Jul 1, 2018 Apr 24, 2018 $0.33 normal
Mar 14, 2018 Apr 1, 2018 Jan 23, 2018 $0.33 normal
Dec 14, 2017 Jan 1, 2018 Oct 24, 2017 $0.33 normal
Sep 14, 2017 Oct 1, 2017 Jul 25, 2017 $0.33 normal
Jun 13, 2017 Jul 1, 2017 Apr 25, 2017 $0.32 normal
Mar 13, 2017 Apr 1, 2017 Jan 24, 2017 $0.32 normal
Dec 13, 2016 Jan 1, 2017 Oct 25, 2016 $0.32 normal
Sep 13, 2016 Oct 1, 2016 Jul 26, 2016 $0.32 normal
Jun 13, 2016 Jul 1, 2016 Apr 26, 2016 $0.31 normal

Community Trust Bancorp dividend payout ratio

What is Community Trust Bancorp dividend payout ratio compared to the sector

Payout ratio

CTBI has a payout ratio of 41.7% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 39.5%, Community Trust Bancorp's payout ratio is 6% higher.

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

CTBI dividend vs peer dividends

How does CTBI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CTBI Community Trust Bancorp Inc 4.24% $1.82 41.7%
RNST Renasant Corp 2.88% $0.88 34.1%
SYBT Stock Yards Bancorp Inc 2.6% $1.19 32.2%

Frequently asked questions

Does Community Trust Bancorp pay a dividend?

Yes, Community Trust Bancorp has paid four dividends in the last twelve months. CTBI has been paying dividends since 1994.

When is Community Trust Bancorp's next dividend?

CTBI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in June 2024.

When was CTBI's last dividend?

Community Trust Bancorp's last regular dividend was on Mar 14, 2024 (ex-date) with the amount of $0.46 per share.

How much dividend does Community Trust Bancorp pay (per share)?

On an annual basis CTBI pays $1.82 per share.

What is Community Trust Bancorp's dividend yield?

Currently Community Trust Bancorp's dividend yield is 4.24%.

How often does Community Trust Bancorp pay dividends?

Community Trust Bancorp pays dividends quarterly.

What is Community Trust Bancorp's dividend payout ratio?

The dividend payout ratio of Community Trust Bancorp is 41.7%.

Does Community Trust Bancorp pay a good dividend?

Community Trust Bancorp's dividend yield is higher than the Financial Services sector average.