Community Capital Bancshares to pay dividends

ALBANY — For the first time in more than 15 years, AB&T stockholders will receive a dividend.

At Tuesday’s annual shareholder meeting at the bank’s Meredyth Drive Main Office, the Board of Directors of AB&T’s parent company, Community Capital Bancshares Inc., announced payment of a 10-cent dividend for each share of common stock held, following the bank’s solid 2018 performance.

“That the company is able to pay dividends to its shareholders for the first time in quite a while is a reflection of the strength, stability and sustainability of the bank,” Community Capital and AB&T Chairman/President/CEO Luke Flatt said. “For the past several years, our dedicated team of exceptional bankers has been working diligently to lead AB&T toward a prosperous future. Because of that hard work and unending commitment to our clients, associates, community and shareholders, AB&T has emerged as the premier community bank in the Albany area.

“We’re truly humbled to share that success with our shareholders.”

The dividend will be paid to all shareholders of record as of May 31 on July 1 of this year.

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