
Colony Bankcorp, Inc.
CBANFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
2.40%
Annual Dividend
$0.48
Payout Ratio
28%
5-Yr Growth
2.8%
Ex-Date
Aug 5, 2026
Frequency
Quarterly
Key facts about CBAN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Colony Bankcorp, Inc. (CBAN) has a forward dividend yield of 2.40%, based on an annual dividend of $0.48 per share and a share price of $19.77.
- As of Oct 18, 2026, CBAN's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Colony Bankcorp, Inc. (CBAN) has raised its dividend for 8 consecutive years as of Oct 18, 2026.
- CBAN last cut its regular dividend in 2017.
- CBAN's most recent ex-dividend date was Aug 5, 2026, for a dividend of $0.12 per share.
- As of Oct 18, 2026, CBAN pays out 28% of its trailing 12-month earnings as dividends (its payout ratio).
- CBAN's dividend has grown at an average rate of 2.8% a year over the past five years.
- As of Oct 18, 2026, CBAN's 2.40% yield is 22% below its five-year average yield of 3.07%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CBAN is $27.11 per share, 37% above the $19.77 share price, so CBAN screens as undervalued.
- Colony Bankcorp, Inc. (CBAN) pays its dividend quarterly, 4 times a year.
- Colony Bankcorp, Inc. (CBAN) has raised its regular dividend 35 times and cut it 2 times across the 83 payments on record since 1998. Its most recent change was a 4.3% increase to $0.120 per share, going ex-dividend on Feb 11, 2026. The last cut went ex-dividend on Jun 26, 2009.
Cite this page
SmarterDividends, "CBAN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/CBAN
Summary
As of Oct 18, 2026, Colony Bankcorp, Inc. (CBAN) yields 2.40% ($0.48 a year per share), has a dividend safety grade of B (76/100) and has 8 consecutive years of dividend increases on record.
Is CBAN a good dividend stock?
YesColony Bankcorp, Inc. (CBAN) pays a quarterly dividend yielding 2.40% ($0.48/yr), with 8 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (28%)
Risks
- Cut its dividend in 2017
Key Data
- Dividend Yield
- 2.40%
- Payout Ratio
- 28%
- Annual Dividend
- $0.48
- 5-Yr Avg Growth
- 2.8%
- Ex-Dividend Date
- Aug 5, 2026
- Years of Growth
- 8
- Frequency
- quarterly
- Beta
- 0.55
- Market Cap
- $419.5M
- P/E Ratio
- 12.0
- 5-Yr Total Return
- 7%
- 52-Week Range
- $15.80 – $22.46
- Dividend Safety
- B · 76/100
- Ever Cut?
- Yes (2017)
CBAN dividend raises and cuts
Colony Bankcorp, Inc. (CBAN) has raised its regular dividend 35 times and cut it 2 times across the 83 payments on record since 1998. Its most recent change was a 4.3% increase to $0.120 per share, going ex-dividend on Feb 11, 2026. The last cut went ex-dividend on Jun 26, 2009.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 11, 2026 | Raise | $0.115 → $0.120 | +4.3% |
| Feb 5, 2025 | Raise | $0.113 → $0.115 | +1.8% |
| Feb 6, 2024 | Raise | $0.110 → $0.113 | +2.7% |
| Feb 8, 2023 | Raise | $0.108 → $0.110 | +1.9% |
| Feb 3, 2022 | Raise | $0.103 → $0.108 | +4.9% |
| Jan 28, 2021 | Raise | $0.100 → $0.103 | +3.0% |
| Jan 30, 2020 | Raise | $0.0750 → $0.100 | +33.3% |
| Jan 29, 2019 | Raise | $0.0500 → $0.0750 | +50.0% |
| Mar 2, 2018 | Raise | $0.0250 → $0.0500 | +100.0% |
| Jun 26, 2009 | Cut | $0.0980 → $0.0490 | −50.0% |
| Mar 27, 2008 | Raise | $0.0950 → $0.0980 | +3.2% |
| Dec 27, 2007 | Raise | $0.0930 → $0.0950 | +2.2% |
Show all 37 changes since 1999
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 26, 2007 | Raise | $0.0900 → $0.0930 | +3.3% |
| Jun 27, 2007 | Raise | $0.0880 → $0.0900 | +2.3% |
| Mar 28, 2007 | Raise | $0.0850 → $0.0880 | +3.5% |
| Dec 27, 2006 | Raise | $0.0830 → $0.0850 | +2.4% |
| Sep 27, 2006 | Raise | $0.0800 → $0.0830 | +3.8% |
| Jun 28, 2006 | Raise | $0.0780 → $0.0800 | +2.6% |
| Mar 29, 2006 | Raise | $0.0750 → $0.0780 | +4.0% |
| Dec 28, 2005 | Raise | $0.0720 → $0.0750 | +4.2% |
| Sep 28, 2005 | Raise | $0.0700 → $0.0720 | +2.9% |
| Jun 28, 2005 | Raise | $0.0680 → $0.0700 | +2.9% |
| Mar 29, 2005 | Raise | $0.0664 → $0.0680 | +2.4% |
| Dec 29, 2004 | Raise | $0.0640 → $0.0664 | +3.7% |
| Sep 28, 2004 | Raise | $0.0624 → $0.0640 | +2.6% |
| Jun 28, 2004 | Raise | $0.0600 → $0.0624 | +4.0% |
| Mar 29, 2004 | Raise | $0.0584 → $0.0600 | +2.7% |
| Dec 29, 2003 | Raise | $0.0560 → $0.0584 | +4.3% |
| Sep 26, 2003 | Raise | $0.0544 → $0.0560 | +2.9% |
| Jun 26, 2003 | Raise | $0.0480 → $0.0544 | +13.3% |
| Dec 27, 2002 | Raise | $0.0448 → $0.0480 | +7.1% |
| Jun 26, 2002 | Raise | $0.0384 → $0.0448 | +16.7% |
| Dec 27, 2000 | Raise | $0.0288 → $0.0384 | +33.3% |
| Jun 28, 2000 | Raise | $0.0256 → $0.0288 | +12.5% |
| Dec 29, 1999 | Raise | $0.0224 → $0.0256 | +14.3% |
| Sep 28, 1999 | Cut | $0.0230 → $0.0224 | −2.8% |
| Jun 28, 1999 | Raise | $0.0192 → $0.0230 | +20.0% |
Frequently Asked Questions
Is CBAN a good dividend stock?
Yes. Colony Bankcorp, Inc. (CBAN) pays a quarterly dividend yielding 2.40% ($0.48/yr), with 8 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is CBAN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CBAN's fair value is about $27.11 versus a $19.77 share price — so it looks undervalued (+37% vs. fair value).
Is CBAN's dividend safe?
CBAN has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 8-year growth streak, a dividend cut in 2017, debt and yield-versus-history.
What is CBAN's fair value?
Our blended fair-value estimate for CBAN is about $27.11 per share, roughly 37% above the current $19.77 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CBAN a buy, hold, or sell?
We don't issue formal ratings, but on the data CBAN screens as "yes" and undervalued. Colony Bankcorp, Inc. (CBAN) pays a quarterly dividend yielding 2.40% ($0.48/yr), with 8 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will CBAN cut its dividend?
CBAN earns a dividend-safety grade of B (76/100), and has cut its dividend before (last in 2017). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CBAN pay a dividend?
Yes. Colony Bankcorp, Inc. pays a quarterly dividend of about $0.48 per share annually, a forward yield of roughly 2.40%.
What is CBAN's dividend yield?
As of Oct 18, 2026, CBAN's forward dividend yield is 2.40%, based on a $0.48 annual dividend and a $19.77 share price.
What is CBAN's dividend per share?
As of Oct 18, 2026, CBAN pays $0.48 per share per year, distributed on a quarterly basis.
What is CBAN's dividend payout ratio?
As of Oct 18, 2026, CBAN's payout ratio is 28% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has CBAN grown its dividend?
As of Oct 18, 2026, CBAN has increased its dividend for 8 consecutive years.
When is the next CBAN ex-dividend date?
As of Oct 18, 2026, CBAN's next ex-dividend date hasn't been announced. The most recent was Aug 5, 2026, for $0.12 per share.
CBAN Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
+84%
5 Years
+7%
52-Week Range
$15.80 – $22.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CBAN worth?
Undervaluedlow confidenceOur blended fair-value estimate for Colony Bankcorp, Inc. is $27.11 per share, versus a market price of $19.77. That implies 37% of upside — a margin of safety of about 27%.
Fair Value
$27.11
Current Price
$19.77
Upside
+37%
Margin of Safety
27%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.65 EPS, $0.48 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CBAN Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CBAN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 5, 2026 | Aug 19, 2026 | $0.1200 | regular |
| May 6, 2026 | May 20, 2026 | $0.1200 | regular |
| Feb 11, 2026 | Feb 25, 2026 | $0.1200 | regular |
| Nov 5, 2025 | Nov 19, 2025 | $0.1150 | regular |
| Aug 6, 2025 | Aug 20, 2025 | $0.1150 | regular |
| May 7, 2025 | May 21, 2025 | $0.1150 | regular |
| Feb 5, 2025 | Feb 19, 2025 | $0.1150 | regular |
| Nov 6, 2024 | Nov 20, 2024 | $0.1130 | regular |
| Aug 7, 2024 | Aug 21, 2024 | $0.1130 | regular |
| May 7, 2024 | May 22, 2024 | $0.1130 | regular |
| Feb 6, 2024 | Feb 21, 2024 | $0.1130 | regular |
| Nov 7, 2023 | Nov 22, 2023 | $0.1100 | regular |
| Aug 8, 2023 | Aug 23, 2023 | $0.1100 | regular |
| May 9, 2023 | May 24, 2023 | $0.1100 | regular |
Income Calculator
At $0.48 / yr per share
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