Capital Bank (CBKN) Approves $0.08 Per Share Dividend

September 25, 2009 11:05 AM EDT

Capital Bank Corporation (Nasdaq: CBKN) approved a quarterly cash dividend on its common stock of $.08 per share. The dividend will be paid on or after October 26, 2009 to shareholders of record as of October 12, 2009.

Current annual dividend yield is 6.40%.

Capital Bank Corporation, headquartered in Raleigh, N.C., with approximately $1.7 billion in total assets, offers a broad range of financial services.[SM]


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