Community Trust Bancorp (Community Trust Bancorp) Dividend Payout Ratio : 0.44 (As of Dec. 2023)

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What is Community Trust Bancorp Dividend Payout Ratio?

Community Trust Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.44.

The historical rank and industry rank for Community Trust Bancorp's Dividend Payout Ratio or its related term are showing as below:

CTBI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.43 Max: 0.47
Current: 0.42

During the past 13 years, the highest Dividend Payout Ratio of Community Trust Bancorp was 0.47. The lowest was 0.32. And the median was 0.43.

CTBI's Dividend Payout Ratio is ranked worse than
60.41% of 1086 companies
in the Banks industry
Industry Median: 0.35 vs CTBI: 0.42

As of today (2024-05-04), the Dividend Yield % of Community Trust Bancorp is 4.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Community Trust Bancorp was 5.38%. The lowest was 2.49%. And the median was 3.45%.

Community Trust Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.46.

During the past 12 months, Community Trust Bancorp's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Community Trust Bancorp was 14.90% per year. The lowest was 1.40% per year. And the median was 5.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Community Trust Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Community Trust Bancorp's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community Trust Bancorp Dividend Payout Ratio Chart

Community Trust Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.41

0.46

0.32

0.37

0.41

Community Trust Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.41	0.41	0.40	0.44	0.44

Competitive Comparison of Community Trust Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Community Trust Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Community Trust Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community Trust Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Community Trust Bancorp's Dividend Payout Ratio falls into.

Community Trust Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Community Trust Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.8	/	4.36
	=	0.41

Community Trust Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.46	/	1.04
	=	0.44

Community Trust Bancorp (NAS:CTBI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Community Trust Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Community Trust Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Community Trust Bancorp (Community Trust Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Community Trust Bancorp Inc (NAS:CTBI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

346 North Mayo Trail, P.O. Box 2947, Pikeville, KY, USA, 41502

Website

https://www.ctbi.com

Community Trust Bancorp Inc is a bank holding company. The Bank owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, north-eastern, central, and southcentral Kentucky, southern West Virginia, and north-eastern Tennessee. Through its subsidiaries, the Bank is engaged in 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.

Executives

James B Draughn	officer: Executive Vice President	C/O COMMUNITY TRUST BANCORP INC, PO BOX 2947, PIKEVILLE KY 41502-2947
Franky Minnifield	other: Director of Lead Bank	4809 CHAFFEY LANE, LEXINGTON KY 415020351
Ricky D Sparkman	officer: Executive Vice President	1218 E BROADWAY, CAMPBELLSVILLE KY 42718
Kevin J Stumbo	officer: Executive Vice President	C/O COMMUNITY TRUST BANK, INC., PO BOX 2947, PIKEVILLE KY 41502-2947
David Andrew Jones	officer: Executive Vice President	1544 WINCHESTER AVENUE, ASHLAND KY 41101
Farris Franklin H Jr	director	2008 HIGH RIDGE ROAD, LOUISVILLE KY 40207
Mark A Gooch	officer: EVP & Treasurer, other: Pres/CEO Community Trust Bank	PO BOX 2947, PIKEVILLE KY 41502-2947
Chad C Street	other: Director of Lead Bank	684 CEDAR CREEK ROAD, PIKEVILLE KY 41501-1432
M Lynn Parrish	director	PO BOX 2725, PIKEVILLE KY 41502-2725
Charles J Baird	director	P O BOX 351, PIKEVILLE KY 415020351
Billie J. Dollins	officer: Executive Officer	3205 PEPPERHILL ROAD, LEXINGTON KY 40502
James J Gartner	officer: Executive Vice President	PO BOX 2947, PIKEVILLE KY 41502-2947
Andy D Waters	officer: Executive Vice President	100 EAST VINE STREET, LEXINGTON KY 40507-1406
David I Tackett	officer: Executive Vice President	COMMUNITY TRUST BANK, INC., PO BOX 2974, PIKEVILLE KY 41502-2974
Richard W Newsom	officer: Executive Vice President	PO BOX 2947, PIKEVILLE KY 41502-2947