Community Trust Bancorp, Inc. (NASDAQ:CTBI) Files An 8-K Other EventsItem 8.01 Other Events—Announcing Increase in Cash Dividend provided under Items 7.01 and 8.01 of Form 8-K
On July 25, 2017, the Board of Directors of Community Trust Bancorp, Inc. approved an increase in its quarterly cash dividend to $0.33 per share beginning with the October 1, 2017 payment to shareholders of record on September 15, 2017. This represents an increase of 3.13% in the quarterly cash dividend.
About Community Trust Bancorp, Inc. (NASDAQ:CTBI)
Community Trust Bancorp, Inc. (CTBI) is a bank holding company. The Company operates in the community banking services segment. The Company owns a commercial bank and a trust company, serving small and mid-sized communities in eastern, northeastern, central and south central Kentucky; southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company. Through its subsidiaries, CTBI engages in a range of commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes, and providing funds transfer services. Its lending activities include making commercial, construction, mortgage and personal loans.