Colony Bankcorp Inc (CBAN) to Issue Quarterly Dividend of $0.05

Colony Bankcorp Inc (NASDAQ:CBAN) declared a quarterly dividend on Friday, October 19th, Wall Street Journal reports. Stockholders of record on Tuesday, October 30th will be paid a dividend of 0.05 per share by the financial services provider on Thursday, November 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Monday, October 29th.

Shares of NASDAQ CBAN opened at $17.55 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.88. Colony Bankcorp has a 12 month low of $13.50 and a 12 month high of $19.50. The company has a market cap of $148.11 million, a PE ratio of 12.81 and a beta of 0.29.

Colony Bankcorp (NASDAQ:CBAN) last issued its earnings results on Tuesday, July 17th. The financial services provider reported $0.36 EPS for the quarter. Colony Bankcorp had a return on equity of 13.13% and a net margin of 16.57%. The company had revenue of $12.49 million during the quarter.

In other Colony Bankcorp news, CEO T Heath Fountain bought 10,000 shares of Colony Bankcorp stock in a transaction dated Friday, August 10th. The stock was bought at an average cost of $17.39 per share, for a total transaction of $173,900.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Terry L. Hester sold 2,500 shares of Colony Bankcorp stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of $17.25, for a total value of $43,125.00. Following the transaction, the insider now owns 104,873 shares of the company’s stock, valued at $1,809,059.25. The disclosure for this sale can be found here. Insiders have bought a total of 12,613 shares of company stock valued at $220,909 over the last quarter. 5.45% of the stock is currently owned by corporate insiders.

Colony Bankcorp Company Profile

Colony Bankcorp, Inc operates as the holding company for Colony Bank that provides banking products and services to commercial and consumer customers. It offers various deposit products, including demand, savings, and time deposits. The company also offers loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans.

Featured Article: What is the Rule of 72?

Dividend History for Colony Bankcorp (NASDAQ:CBAN)

Receive News & Ratings for Colony Bankcorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colony Bankcorp and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply