Community Trust Bancorp, Inc.
CTBI23 yrs growthFinancial Services · Stock · quarterly payer
Forward Yield
3.35%
Annual Dividend
$2.60
Payout Ratio
36%
5-Yr Growth
5.5%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, Community Trust Bancorp, Inc. (CTBI) yields 3.35% ($2.60 per share annually), with a blended fair-value estimate of $168.18 — +117% 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 3.35% ($2.60/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
- 84% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.35%
- Payout Ratio
- 36%
- Annual Dividend
- $2.60
- 5-Yr Avg Growth
- 5.5%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 0.55
- Market Cap
- $1.4B
- P/E Ratio
- 13.0
- 5-Yr Total Return
- 84%
- 52-Week Range
- $50.25 – $79.92
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
Frequently Asked Questions
CTBI Price — Last 12 Months
Daily close
Price Return
1 Year
+39%
3 Years
+127%
5 Years
+84%
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?
Undervaluedlow confidenceOur blended fair-value estimate for Community Trust Bancorp, Inc. is $168.18 per share, versus a market price of $77.67. That implies 117% of upside — a margin of safety of about 54%.
Fair Value
$168.18
Current Price
$77.67
Upside
+117%
Margin of Safety
54%
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 -1.7% annual free-cash-flow growth. We model 17.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 17.4% stage-1 growth, 2.5% terminal growth, $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
| 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 $2.60 / yr per share
