Capital Bancorp (CBNK) Declares $0.06 Quarterly Dividend; 1.5% Yield

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Capital Bancorp Declares Quarterly Cash Dividend of $0.06 per Share

May 3, 2023 4:43 PM EDT

ROCKVILLE, Md., May 03, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (Company), the holding company of Capital Bank (Bank), announced today that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share. The dividend is payable on May 31, 2023 to shareholders of record as of May 15, 2023.

Ed Barry, Chief Executive Officer stated, Management and the Board are committed to managing the Banks capital in a manner that rewards our shareholders while maintaining robust liquidity and regulatory capital. Our dividend, in combination with our recently... More