TALLAHASSEE, Fla., May 25, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.18 per share. The dividend produces an annualized rate of $0.72 per common share and is payable on June 20, 2023, to shareowners of record as of June 5, 2023. The annualized dividend yield is 2.41% based on a closing stock price of $29.82 on May 24, 2023.

About Capital City Bank Group, Inc.

Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.4 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 58 banking offices and 101 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

For Information Contact:

Jep Larkin

Executive Vice President and Chief Financial Officer

850.402.8450

Capital City Bank Group, Inc. Announces Cash Dividend