Community Trust Bancorp, Inc. (CTBI) Dividends
Dividend Yield and Dividend History Highlights
- In terms of debt burden relative to earnings, CTBI has an EBITDA to net debt ratio of 72,289,000, ranking above 90.25% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- As for stocks whose price is uncorrelated with CTBI's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: WHR, HTLD, CP, CNSL and CPB.
CTBI Price Forecast Based on Dividend Discount Model
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For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of CTBI, the DDM model generated by StockNews estimates a return of positive 11.91% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Community Trust Bancorp Inc are:
- In comparison to stocks we observe that provide shareholders with a dividend, Community Trust Bancorp Inc produces a dividend yield 4.96% -- which falls in the top 24.51%.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Community Trust Bancorp Inc's expected return of 11.91% is higher than 67.06% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Community Trust Bancorp Inc bears a discount rate, according to our calculations, lower than 67.06% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, CTBI boasts a higher growth rate in terms of its annual cash distributed to its owners than 30.22% of the dividend issuers in our set.
CTBI Dividend Chart
CTBI Dividend History
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CTBI Dividends vs. Peers
Looking for More Information on CTBI dividends?Want to do more research on Community Trust Bancorp Inc's dividends? Try the links below:
Community Trust Bancorp Inc Common Stock (CTBI) Dividend History | Nasdaq
Dividend History for Community Trust Bancorp Inc (CTBI) - Dividend Investor
Community Trust Bancorp Inc (CTBI) Dividend History - Seeking Alpha