Capital City Bank raises dividend 9.5% to 23c per share

The Board of Directors of Capital City Bank Group declared a quarterly cash dividend on its common stock of 23c per share. It represents a 9.5% increase over the prior quarter dividend of 21c per share. The dividend produces an annualized rate of 92c per common share and is payable on September 23 to shareowners of record as of September 9 . The annualized dividend yield is 2.67% based on a closing stock price of $34. 40 on August 28.