Community Trust Bancorp, Inc.
CTBI23 yrs growthFinancial Services · Stock · quarterly payer
Forward Yield
2.78%
Annual Dividend
$2.12
Payout Ratio
36%
5-Yr Growth
5.5%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
Summary
As of July 2026, Community Trust Bancorp, Inc. (CTBI) yields 2.78% ($2.12 per share annually), with a blended fair-value estimate of $161.01 — +111% upside, so it screens as undervalued. Dividend safety grade: A (98/100). 23 years of dividend growth.
Is CTBI a good dividend stock?
YesCommunity Trust Bancorp, Inc. (CTBI) pays a quarterly dividend yielding 2.78% ($2.12/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 23 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (36%)
- Strong 5.5% 5-yr dividend growth
- 83% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.78%
- Payout Ratio
- 36%
- Annual Dividend
- $2.12
- 5-Yr Avg Growth
- 5.5%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 0.56
- Market Cap
- $1.4B
- P/E Ratio
- 12.8
- 5-Yr Total Return
- 83%
- 52-Week Range
- $50.25 – $78.03
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
Frequently Asked Questions
CTBI Price — Last 12 Months
Daily close
Price Return
1 Year
+30%
3 Years
+115%
5 Years
+83%
52-Week Range
$50.25 – $78.03
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CTBI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Community Trust Bancorp, Inc. is $161.01 per share, versus a market price of $76.15. That implies 111% of upside — a margin of safety of about 53%.
Fair Value
$161.01
Current Price
$76.15
Upside
+111%
Margin of Safety
53%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -1.5% annual free-cash-flow growth. We model 17.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.1% discount rate (CAPM), 17.4% stage-1 growth, 2.5% terminal growth, $5.97 EPS, $2.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CTBI Dividend Safety Score
Very 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $0.5300 | regular |
| Mar 13, 2026 | — | $0.5300 | regular |
| Dec 15, 2025 | — | $0.5300 | regular |
| Sep 15, 2025 | — | $0.5300 | regular |
| Jun 13, 2025 | — | $0.4700 | regular |
| Mar 14, 2025 | — | $0.4700 | regular |
| Dec 13, 2024 | — | $0.4700 | regular |
| Sep 13, 2024 | — | $0.4700 | regular |
| Jun 14, 2024 | — | $0.4600 | regular |
| Mar 14, 2024 | — | $0.4600 | regular |
| Dec 14, 2023 | — | $0.4600 | regular |
| Sep 14, 2023 | — | $0.4600 | regular |
| Jun 14, 2023 | — | $0.4400 | regular |
| Mar 14, 2023 | — | $0.4400 | regular |
Income Calculator
At $2.12 / yr per share
