Colony Bankcorp, Inc. Declares First Quarter Dividend
Thursday, February 22nd, 2018
Colony Bankcorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share payable March 30, 2018 to shareholders of record on March 5, 2018. The board factored in earnings projected for the quarter along with Colony’s capital position in setting the dividend payment. Colony’s capital position remains strong with its total risk-based capital approximating 15.56 percent – well above the regulatory minimum requirement of 10 percent to be categorized as “well-capitalized.”
