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

Colony Bankcorp, Inc. (NASDAQ:CBAN) announced a quarterly dividend on Wednesday, January 28th. Stockholders 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 dividend yield of 2.5%. The ex-dividend date is Wednesday, February 11th. This is a 4.3% increase from Colony Bankcorp’s previous quarterly dividend of $0.12.

Colony Bankcorp has increased its dividend payment 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 Performance

NASDAQ CBAN traded up $0.61 during trading hours on Thursday, reaching $19.17. 59,697 shares of the company were exchanged, compared to its average volume of 98,478. The stock has a market capitalization of $334.19 million, a P/E ratio of 14.19 and a beta of 0.66. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.90. Colony Bankcorp has a 1 year low of $13.99 and a 1 year high of $20.01. The business’s 50 day simple moving average is $17.97 and its 200-day simple moving average is $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.