Colony Bankcorp, Inc. Increases Quarterly Cash Dividend, Payable on February 15, 2019
January 17, 2019 at 09:05 pm
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Colony Bankcorp, Inc. announced that the Board of Directors has voted to increase its quarterly cash dividend to $0.075 per share from $0.05 per share previously. The Board's decision was based on the ongoing strength of the Company's earnings and capital position and an outlook for continued attractive growth. The new dividend rate will apply to the next dividend to be paid on February 15, 2019, to stockholders of record as of January 30, 2019.
Colony Bankcorp, Inc. is a financial service and a bank holding company. The Companyâs business is conducted through its bank subsidiary, Colony Bank (the Bank), a Georgia state-chartered commercial bank. The Bank provides a range of banking services to its retail and commercial customers. The Company operates through three segments: Banking Division, Retail Mortgage Division and Small Business Specialty Lending Division. The Banking Division delivers full service financial services, including commercial loans, consumer loans and deposit accounts. The Retail Mortgage Division offers services for one-to-four family residential mortgage loans. The Small Business Specialty Lending Division offers small business administration and United States Department of Agriculture (USDA) government guaranteed loans. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans and others.
COLONY BANKCORP, INC. 
