Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides 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. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.
Colony Bankcorp Dividend Announcement
• Colony Bankcorp announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-11-06
• Colony Bankcorp annual dividend for 2024 was $0.45
• Colony Bankcorp annual dividend for 2023 was $0.44
• Colony Bankcorp's trailing twelve-month (TTM) dividend yield is 2.59%
• Colony Bankcorp's payout ratio for the trailing twelve months (TTM) is 35.65%
• Colony Bankcorp's dividend growth over the last five years (2018-2023) was 17.08% year
Colony Bankcorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | $0.11 | quarterly | 2024-11-20 |
2024-08-07 | $0.11 | quarterly | 2024-08-21 |
2024-05-07 | $0.11 | quarterly | 2024-05-22 |
2024-02-06 | $0.11 | quarterly | 2024-02-21 |
2023-11-07 | $0.11 | quarterly | 2023-11-22 |
2023-08-08 | $0.11 | quarterly | 2023-08-23 |
2023-05-09 | $0.11 | quarterly | 2023-05-24 |
2023-02-08 | $0.11 | quarterly | 2023-02-23 |
2022-11-03 | $0.11 | quarterly | 2022-11-18 |
2022-08-04 | $0.11 | quarterly | 2022-08-20 |
2022-05-05 | $0.11 | quarterly | 2022-05-20 |
2022-02-03 | $0.11 | quarterly | 2022-02-18 |
2021-11-02 | $0.10 | quarterly | 2021-11-17 |
2021-08-02 | $0.10 | quarterly | 2021-08-17 |
2021-04-30 | $0.10 | quarterly | 2021-05-17 |
2021-01-28 | $0.10 | quarterly | 2021-02-12 |
2020-10-29 | $0.10 | quarterly | 2020-11-13 |
2020-08-06 | $0.10 | quarterly | 2020-08-21 |
2020-05-07 | $0.10 | quarterly | 2020-05-22 |
2020-01-30 | $0.10 | quarterly | 2020-02-18 |
2019-10-30 | $0.07 | quarterly | 2019-11-15 |
2019-07-30 | $0.07 | quarterly | 2019-08-15 |
2019-04-29 | $0.07 | quarterly | 2019-05-15 |
2019-01-29 | $0.07 | quarterly | 2019-02-15 |
2018-10-29 | $0.05 | quarterly | 2018-11-15 |
2018-08-30 | $0.05 | quarterly | 2018-09-28 |
2018-06-01 | $0.05 | quarterly | 2018-06-29 |
2018-03-02 | $0.05 | quarterly | 2018-03-30 |
2017-12-04 | $0.03 | quarterly | 2017-12-28 |
2017-08-30 | $0.03 | quarterly | 2017-09-29 |
2017-05-31 | $0.03 | quarterly | 2017-06-30 |
2017-02-27 | $0.03 | quarterly | 2017-03-31 |
2009-06-26 | $0.05 | quarterly | 2009-07-10 |
2009-03-27 | $0.10 | quarterly | 2009-04-10 |
2008-12-29 | $0.10 | quarterly | 2009-01-09 |
2008-09-26 | $0.10 | quarterly | 2008-10-10 |
2008-06-26 | $0.10 | quarterly | 2008-07-11 |
2008-03-27 | $0.10 | quarterly | 2008-04-11 |
2007-12-27 | $0.10 | quarterly | 2008-01-11 |
2007-09-26 | $0.09 | quarterly | 2007-10-12 |
2007-06-27 | $0.09 | quarterly | 2007-07-13 |
2007-03-28 | $0.09 | quarterly | 2007-04-13 |
2006-12-27 | $0.09 | quarterly | 2007-01-12 |
2006-09-27 | $0.08 | quarterly | 2006-10-13 |
2006-06-28 | $0.08 | quarterly | 2006-07-14 |
2006-03-29 | $0.08 | quarterly | 2006-04-14 |
Colony Bankcorp Dividend per year
Colony Bankcorp Dividend growth
Colony Bankcorp Dividend Yield
Colony Bankcorp current trailing twelve-month (TTM) dividend yield is 2.59%. Interested in purchasing Colony Bankcorp stock? Use our calculator to estimate your expected dividend yield:
Colony Bankcorp Financial Ratios
Colony Bankcorp Dividend FAQ
Other factors to consider when evaluating Colony Bankcorp 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: Colony Bankcorp'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, Colony Bankcorp 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, Colony Bankcorp 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 Colony Bankcorp 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: Colony Bankcorp 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, Colony Bankcorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Colony Bankcorp 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 Colony Bankcorp'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 Colony Bankcorp'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.