Community Trust Bancorp, Inc., (NASDAQ: CTBI) increased its cash dividend to $0.31 per share, which will be paid on October 1, 2011, to shareholders of record on September 15, 2011. This represents an increase of 1.64% in the quarterly cash dividend. Community Trust Bancorp, Inc., with assets of $3.5 billion, is headquartered in Pikeville, Kentucky and has 70 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, four banking locations in Tennessee, and four trust offices across Kentucky.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Community Trust Bancorp, Inc.