Capital Bancorp, Inc. operates as the bank holding company for Capital Bank, N.A. that provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in the United States. It operates through Commercial Banking, Capital Bank Home Loans, and OpenSky segments. The company offers a range of deposit products and services, including checking and savings, time, interest bearing demand, and money market accounts, as well as certificates of deposit; and credit cards. It originates residential mortgages and offers residential and commercial real estate, construction, and commercial business loans, as well as other consumer loans, such as term loans, car loans, and boat loans to small to medium-sized businesses, professionals, real estate investors, and small residential builders and individuals. It operates through four commercial bank branches, four mortgage offices, and one loan production office. The company was founded in 1974 and is headquartered in Rockville, Maryland.
Capital Bancorp Dividend Announcement
• Capital Bancorp announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-11-04
• Capital Bancorp annual dividend for 2024 was $0.36
• Capital Bancorp annual dividend for 2023 was $0.28
• Capital Bancorp's trailing twelve-month (TTM) dividend yield is 1.43%
• Capital Bancorp's payout ratio for the trailing twelve months (TTM) is 13.72%
Capital Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | $0.10 | quarterly | 2024-11-20 |
2024-08-05 | $0.10 | quarterly | 2024-08-21 |
2024-05-03 | $0.08 | quarterly | 2024-05-22 |
2024-02-02 | $0.08 | quarterly | 2024-02-21 |
2023-11-03 | $0.08 | quarterly | 2023-11-22 |
2023-08-04 | $0.08 | quarterly | 2023-08-23 |
2023-05-12 | $0.06 | quarterly | 2023-05-31 |
2023-02-03 | $0.06 | quarterly | 2023-02-22 |
2022-11-04 | $0.06 | quarterly | 2022-11-23 |
2022-08-05 | $0.06 | quarterly | 2022-08-24 |
2022-05-06 | $0.05 | quarterly | 2022-05-25 |
2022-02-07 | $0.05 | quarterly | 2022-02-23 |
2021-11-12 | $0.05 | quarterly | 2021-11-30 |
2021-07-29 | $0.05 | quarterly | 2021-08-16 |
Capital Bancorp Dividend per year
Capital Bancorp Dividend growth
Capital Bancorp Dividend Yield
Capital Bancorp current trailing twelve-month (TTM) dividend yield is 1.43%. Interested in purchasing Capital Bancorp stock? Use our calculator to estimate your expected dividend yield:
Capital Bancorp Financial Ratios
Capital Bancorp Dividend FAQ
Other factors to consider when evaluating Capital Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Capital Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Capital Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Capital Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Capital Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Capital Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Capital Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Capital Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Capital Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Capital Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.