TALLAHASSEE, Fla., Aug. 23, 2007 (PRIME NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (Nasdaq:CCBG) declared a quarterly cash dividend of $.1750 per share, payable September 18, 2007, to shareowners of record as of September 4, 2007. The dividend, which is unchanged from the prior quarter, produces an annualized rate of $.70 per common share. The dividend yield is 2.07%, based on a closing stock price of $33.85 on Wednesday, August 22.
About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (Nasdaq:CCBG) is one of the largest publicly traded financial services companies headquartered in Florida and has approximately $2.5 billion in assets. The Company's bank subsidiary, Capital City Bank, was founded in 1895 and now has 70 banking offices, three mortgage lending offices, and 78 ATMs in Florida, Georgia, and Alabama.