Community Trust Bancorp's most recent quarterly cash dividend of $0.44 per share was issued to shareholders on record before Sep 14, 2022. The payout stands at $1.64 per share annually, which works out to a dividend yield of 3.92%. The latest CTBI dividend of $0.44 is an increase from the previous $0.4 payout, representing a growth of 10%.
CTBI has a dividend yield of 3.92% which is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 2.81%, Community Trust Bancorp's dividend yield is 40% higher. Historically CTBI's dividend yield has averaged at 3.7% in the last 5 years, which is lower than the current yield.
Community Trust Bancorp has been paying dividends for the last 28 years. According to our data CTBI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 5% for the last twelve months. And since the stock price has gone down by 2.6% from a year ago, the dividend yield has increased by 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
CTBI has a payout ratio of 36.3% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 30.1%, Community Trust Bancorp's payout ratio is 21% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CTBI Community Trust Bancorp Inc | 3.92% | $1.64 | 36.3% |
| RNST Renasant Corp | 2.64% | $0.88 | 32.8% |
| SYBT Stock Yards Bancorp Inc | 1.61% | $1.13 | 37.3% |
Yes, Community Trust Bancorp has paid four dividends in the last twelve months. CTBI has been paying dividends since 1994.
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 December 2022.
Community Trust Bancorp's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $0.44 per share.
On an annual basis CTBI pays $1.64 per share.
Currently Community Trust Bancorp's dividend yield is 3.92%.
Community Trust Bancorp pays dividends quarterly.
The dividend payout ratio of Community Trust Bancorp is 36.3%.
Community Trust Bancorp's dividend yield is higher than the Financial Services sector average.