Community Trust Bancorp Boosts Dividend by 23%, Declares Special Payout
Dow Jones2026/07/29 13:30By Colin Kellaher
Community Trust Bancorp's board has raised the bank holding company's quarterly dividend by nearly 23%, to 65 cents a share from 53 cents, and declared a 6-cent special dividend.
The new quarterly payout, equal to $2.60 a year, represents an annual yield of about 3.33% based on Tuesday's closing price of $78.12, up from 2.71%.
The Pikeville, Ky., company on Wednesday said both dividends are payable Oct. 1 to shareholders of record Sept. 15.
Community Trust has now raised its dividend for 46 straight years.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 29, 2026 09:30 ET (13:30 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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