Colony Bankcorp Inc (NASDAQ:CBAN) announced a quarterly dividend on Friday, October 19th, Wall Street Journal reports. Shareholders 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 traded down $0.55 during trading hours on Friday, hitting $17.55. The stock had a trading volume of 16,235 shares, compared to its average volume of 6,163. Colony Bankcorp has a 1-year low of $13.50 and a 1-year high of $19.50. The firm has a market capitalization of $149.04 million, a P/E ratio of 13.28 and a beta of 0.29. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.88.

Colony Bankcorp (NASDAQ:CBAN) last announced its quarterly earnings results on Tuesday, July 17th. The financial services provider reported $0.36 EPS for the quarter. Colony Bankcorp had a net margin of 16.63% and a return on equity of 12.77%. The company had revenue of $12.49 million for the quarter.

In related news, insider Terry L. Hester sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $17.25, for a total transaction of $43,125.00. Following the transaction, the insider now owns 104,873 shares in the company, valued at $1,809,059.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO T Heath Fountain acquired 10,000 shares of the stock in a transaction that occurred on Friday, August 10th. The shares were bought at an average price of $17.39 per share, for a total transaction of $173,900.00. The disclosure for this purchase can be found here. Insiders acquired 12,613 shares of company stock worth $220,909 in the last 90 days. 5.45% of the stock is owned by company 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.

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Dividend History for Colony Bankcorp (NASDAQ:CBAN)

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