Colony Bankcorp, Inc. (NASDAQ:CBAN) Increases Dividend to $0.12 Per Share

Colony Bankcorp, Inc. (NASDAQ:CBAN) announced a quarterly dividend on Wednesday, January 28th. Investors of record on Wednesday, February 11th will be paid a dividend of 0.12 per share by the financial services provider on Wednesday, February 25th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, February 11th. This is a 4.3% increase from Colony Bankcorp’s previous quarterly dividend of $0.12.

Colony Bankcorp has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 7 years.

Colony Bankcorp Stock Up 3.0%

CBAN traded up $0.55 during trading on Thursday, hitting $19.11. The stock had a trading volume of 43,817 shares, compared to its average volume of 97,545. Colony Bankcorp has a twelve month low of $13.99 and a twelve month high of $20.01. The company has a market capitalization of $333.18 million, a PE ratio of 14.16 and a beta of 0.66. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.80 and a current ratio of 0.81. The stock has a 50 day simple moving average of $17.97 and a two-hundred day simple moving average of $17.18.

Colony Bankcorp Company Profile

Colony Bankcorp is a bank holding company headquartered in Fitzgerald, Georgia, operating through its wholly owned subsidiary Colony Bank. The company offers a full suite of commercial and consumer banking products, including checking and savings accounts, certificates of deposit, and mortgage lending. In addition to traditional deposit and loan services, Colony Bank provides home equity loans, SBA financing, and treasury management solutions tailored to small and medium-sized businesses.

Beyond its core banking offerings, Colony Bankcorp delivers trust and wealth management services through dedicated fiduciary professionals.