First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 36 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, Waco, Kentucky, and West Virginia. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.
First Guaranty Bancshares Dividend Announcement
• First Guaranty Bancshares announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-20
• First Guaranty Bancshares annual dividend for 2024 was $0.40
• First Guaranty Bancshares annual dividend for 2023 was $0.64
• First Guaranty Bancshares's trailing twelve-month (TTM) dividend yield is 5.93%
• First Guaranty Bancshares's payout ratio for the trailing twelve months (TTM) is 79.71%
• First Guaranty Bancshares's dividend growth over the last ten years (2013-2023) was 0.44% year
First Guaranty Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | $0.08 | quarterly | 2024-09-30 |
2024-06-25 | $0.16 | quarterly | 2024-06-28 |
2024-03-21 | $0.16 | quarterly | 2024-03-29 |
2023-12-21 | $0.16 | quarterly | 2023-12-29 |
2023-09-21 | $0.16 | quarterly | 2023-09-29 |
2023-06-22 | $0.16 | quarterly | 2023-06-30 |
2023-03-23 | $0.16 | quarterly | 2023-03-31 |
2022-12-22 | $0.16 | quarterly | 2022-12-30 |
2022-09-22 | $0.16 | quarterly | 2022-09-30 |
2022-06-23 | $0.16 | quarterly | 2022-06-30 |
2022-03-18 | $0.16 | quarterly | 2022-03-31 |
2021-12-22 | $0.16 | quarterly | 2021-12-31 |
2021-09-17 | $0.16 | quarterly | 2021-09-30 |
2021-06-18 | $0.16 | quarterly | 2021-06-30 |
2021-03-19 | $0.16 | quarterly | 2021-03-31 |
2020-12-23 | $0.16 | quarterly | 2020-12-31 |
2020-09-22 | $0.16 | quarterly | 2020-09-30 |
2020-06-19 | $0.16 | quarterly | 2020-06-30 |
2020-03-20 | $0.16 | quarterly | 2020-03-31 |
2019-12-20 | $0.16 | quarterly | 2019-12-31 |
2019-09-19 | $0.16 | quarterly | 2019-09-30 |
2019-06-20 | $0.16 | quarterly | 2019-06-28 |
2019-03-21 | $0.16 | quarterly | 2019-03-29 |
2018-12-20 | $0.16 | quarterly | 2018-12-31 |
2018-09-18 | $0.16 | quarterly | 2018-09-28 |
2018-06-19 | $0.16 | quarterly | 2018-06-29 |
2018-03-19 | $0.16 | quarterly | 2018-03-30 |
2017-12-18 | $0.16 | quarterly | 2017-12-29 |
2017-09-15 | $0.16 | quarterly | 2017-09-29 |
2017-06-16 | $0.16 | quarterly | 2017-06-30 |
2017-03-17 | $0.16 | quarterly | 2017-03-31 |
2016-12-16 | $0.16 | quarterly | 2016-12-30 |
2016-09-16 | $0.16 | quarterly | 2016-09-30 |
2016-06-16 | $0.16 | quarterly | 2016-06-30 |
2016-03-17 | $0.16 | quarterly | 2016-03-31 |
2015-12-22 | $0.16 | quarterly | 2015-12-31 |
2015-09-17 | $0.13 | quarterly | 2015-09-30 |
2015-06-18 | $0.16 | quarterly | 2015-06-30 |
2015-03-19 | $0.16 | quarterly | 2015-03-31 |
2014-12-11 | $0.16 | quarterly | 2014-12-31 |
2014-09-23 | $0.13 | quarterly | 2014-09-30 |
2014-06-19 | $0.16 | quarterly | 2014-06-30 |
2014-03-20 | $0.16 | quarterly | 2014-03-31 |
2013-12-19 | $0.16 | quarterly | 2013-12-31 |
2013-09-19 | $0.16 | quarterly | 2013-09-30 |
2013-06-18 | $0.13 | quarterly | 2013-06-28 |
2013-03-15 | $0.16 | quarterly | 2013-03-29 |
First Guaranty Bancshares Dividend per year
First Guaranty Bancshares Dividend growth
First Guaranty Bancshares Dividend Yield
First Guaranty Bancshares current trailing twelve-month (TTM) dividend yield is 5.93%. Interested in purchasing First Guaranty Bancshares stock? Use our calculator to estimate your expected dividend yield:
First Guaranty Bancshares Financial Ratios
First Guaranty Bancshares Dividend FAQ
Other factors to consider when evaluating First Guaranty Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: First Guaranty Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, First Guaranty Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, First Guaranty Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from First Guaranty Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: First Guaranty Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, First Guaranty Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First Guaranty Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of First Guaranty Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review First Guaranty Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.