Colony Bankcorp, Inc. Announces Quarterly Dividend of $0.12 (NYSE:CBAN)

Colony Bankcorp, Inc. (NYSE:CBANGet Free Report) declared a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Wednesday, August 5th will be given a dividend of 0.12 per share on Wednesday, August 19th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Wednesday, August 5th.

Colony Bankcorp has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 7 consecutive years.

Colony Bankcorp Price Performance

Colony Bankcorp stock opened at $20.56 on Thursday. Colony Bankcorp has a 52 week low of $15.80 and a 52 week high of $21.61. The business has a 50-day simple moving average of $20.24 and a 200 day simple moving average of $19.93. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.68. The stock has a market cap of $435.05 million, a price-to-earnings ratio of 12.85 and a beta of 0.56.

Colony Bankcorp (NYSE:CBANGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. The company had revenue of $42.03 million for the quarter, compared to analysts’ expectations of $40.90 million. Colony Bankcorp had a net margin of 14.83% and a return on equity of 10.23%. On average, research analysts forecast that Colony Bankcorp will post 1.92 earnings per share for the current fiscal year.

About Colony Bankcorp

(Get Free Report)

Colony Bankcorp, Inc is a bank holding company headquartered in Baxley, Georgia, that operates through its primary subsidiary, The Colony Bank. The company’s core focus is on delivering community banking services tailored to individuals, small businesses and agricultural customers throughout Georgia and Florida. Colony Bankcorp’s structure supports a full suite of deposit and lending solutions designed to meet the needs of local markets.

The company offers a range of deposit products, including personal and business checking accounts, savings and money market accounts, and certificates of deposit.

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Dividend History for Colony Bankcorp (NYSE:CBAN)

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