Community Trust Bancorp, Inc.
CTBI23 yrs growthFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
3.51%
Annual Dividend
$2.12
Payout Ratio
36%
5-Yr Growth
5.5%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Key facts about CTBI's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Community Trust Bancorp, Inc. (CTBI) has a forward dividend yield of 3.51%, based on an annual dividend of $2.12 per share and a share price of $73.89.
- As of Oct 15, 2026, CTBI's dividend safety grade from SmarterDividends is A (98 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Community Trust Bancorp, Inc. (CTBI) has raised its dividend for 23 consecutive years as of Oct 15, 2026.
- CTBI has never cut its regular dividend in the payment history SmarterDividends has on record.
- CTBI's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.71 per share.
- As of Oct 15, 2026, CTBI pays out 36% of its trailing 12-month earnings as dividends (its payout ratio).
- CTBI's dividend has grown at an average rate of 5.5% a year over the past five years.
- As of Oct 15, 2026, CTBI's 3.51% yield is 12% below its five-year average yield of 4.01%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for CTBI is $111.59 per share, 51% above the $73.89 share price, so CTBI screens as undervalued.
- Community Trust Bancorp, Inc. (CTBI) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "CTBI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/CTBI
Summary
As of Oct 15, 2026, Community Trust Bancorp, Inc. (CTBI) yields 3.51% ($2.12 a year per share), has a dividend safety grade of A (98/100) and has 23 consecutive years of dividend increases on record.
Is CTBI a good dividend stock?
YesCommunity Trust Bancorp, Inc. (CTBI) pays a quarterly dividend yielding 3.51% ($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
- 70% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.51%
- Payout Ratio
- 36%
- Annual Dividend
- $2.12
- 5-Yr Avg Growth
- 5.5%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 0.56
- Market Cap
- $1.3B
- P/E Ratio
- 12.4
- 5-Yr Total Return
- 70%
- 52-Week Range
- $50.25 – $79.92
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
Frequently Asked Questions
Is CTBI a good dividend stock?
Yes. Community Trust Bancorp, Inc. (CTBI) pays a quarterly dividend yielding 3.51% ($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.
Is CTBI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CTBI's fair value is about $111.59 versus a $73.89 share price — so it looks undervalued (+51% vs. fair value).
Is CTBI's dividend safe?
CTBI has a dividend-safety grade of A (98/100), based on its payout coverage, free-cash-flow, 23-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is CTBI's fair value?
Our blended fair-value estimate for CTBI is about $111.59 per share, roughly 51% above the current $73.89 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CTBI a buy, hold, or sell?
We don't issue formal ratings, but on the data CTBI screens as "yes" and undervalued. Community Trust Bancorp, Inc. (CTBI) pays a quarterly dividend yielding 3.51% ($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. This is research for your own analysis, not investment advice.
Will CTBI cut its dividend?
CTBI earns a dividend-safety grade of A (98/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CTBI pay a dividend?
Yes. Community Trust Bancorp, Inc. pays a quarterly dividend of about $2.12 per share annually, a forward yield of roughly 3.51%.
What is CTBI's dividend yield?
As of Oct 15, 2026, CTBI's forward dividend yield is 3.51%, based on a $2.12 annual dividend and a $73.89 share price.
What is CTBI's dividend per share?
As of Oct 15, 2026, CTBI pays $2.12 per share per year, distributed on a quarterly basis.
What is CTBI's dividend payout ratio?
As of Oct 15, 2026, CTBI's payout ratio is 36% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has CTBI grown its dividend?
As of Oct 15, 2026, CTBI has increased its dividend for 23 consecutive years.
When is the next CTBI ex-dividend date?
As of Oct 15, 2026, CTBI's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.71 per share.
CTBI Price — Last 12 Months
Daily close
Price Return
1 Year
+45%
3 Years
+97%
5 Years
+70%
52-Week Range
$50.25 – $79.92
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CTBI worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Community Trust Bancorp, Inc. is $111.59 per share, versus a market price of $73.89. That implies 51% of upside — a margin of safety of about 34%.
Fair Value
$111.59
Current Price
$73.89
Upside
+51%
Margin of Safety
34%
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, $5.97 EPS, $2.60 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
Full CTBI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Oct 1, 2026 | $0.7100 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.5300 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.5300 | regular |
| Dec 15, 2025 | Jan 2, 2026 | $0.5300 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.5300 | regular |
| Jun 13, 2025 | Jul 1, 2025 | $0.4700 | regular |
| Mar 14, 2025 | Apr 1, 2025 | $0.4700 | regular |
| Dec 13, 2024 | Jan 2, 2025 | $0.4700 | regular |
| Sep 13, 2024 | Oct 1, 2024 | $0.4700 | regular |
| Jun 14, 2024 | Jul 1, 2024 | $0.4600 | regular |
| Mar 14, 2024 | Apr 1, 2024 | $0.4600 | regular |
| Dec 14, 2023 | Jan 1, 2024 | $0.4600 | regular |
| Sep 14, 2023 | Oct 2, 2023 | $0.4600 | regular |
| Jun 14, 2023 | Jul 1, 2023 | $0.4400 | regular |
Income Calculator
At $2.12 / yr per share
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