Capital City Bank Group, Inc. Increases Cash Dividend

TALLAHASSEE, Fla., Aug. 24, 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 $0.20 per share. It represents an 11.1% increase over the prior quarter of $0.18. The dividend produces an annualized rate of $0.80 per common share and is payable on September 25, 2023 to shareowners of record as of September 11, 2023. The annualized dividend yield is 2.66% based on a closing stock price of $30.06 on August 23, 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 62 banking offices and 99 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

For Information Contact:Jep LarkinExecutive Vice President and Chief Financial Officer850.402.8450

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