First Guaranty Bancshares's latest quarterly dividend of $0.16 per share was on Sep 21, 2023 (ex-date). The annualized dividend distribution of $0.64 per share represents a current dividend yield of 6.67%.
First Guaranty Bancshares's dividend yield of 6.67% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 3.39%, First Guaranty Bancshares's dividend yield is 97% higher. Historically FGBI's dividend yield has averaged at 3.6% in the last 5 years, which is lower than the current yield.
First Guaranty Bancshares has a history of paying dividends since 2015. Our records of FGBI show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock down by 60% from a year ago, the dividend yield has an increase of 153%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 21, 2023 | Sep 29, 2023 | Aug 17, 2023 | $0.16 | normal |
| Jun 22, 2023 | Jun 30, 2023 | May 18, 2023 | $0.16 | normal |
| Mar 23, 2023 | Mar 31, 2023 | Feb 16, 2023 | $0.16 | normal |
| Dec 22, 2022 | Dec 30, 2022 | Nov 21, 2022 | $0.16 | normal |
| Sep 22, 2022 | Sep 30, 2022 | Aug 18, 2022 | $0.16 | normal |
| Jun 23, 2022 | Jun 30, 2022 | May 19, 2022 | $0.16 | normal |
| Mar 18, 2022 | Mar 31, 2022 | Feb 22, 2022 | $0.16 | normal |
| Dec 22, 2021 | Dec 31, 2021 | Nov 18, 2021 | $0.16 | normal |
| Sep 17, 2021 | Sep 30, 2021 | Aug 19, 2021 | $0.145 | normal |
| Jun 18, 2021 | Jun 30, 2021 | May 20, 2021 | $0.145 | normal |
| Mar 19, 2021 | Mar 31, 2021 | Feb 18, 2021 | $0.145 | normal |
| Dec 23, 2020 | Dec 31, 2020 | Nov 19, 2020 | $0.145 | normal |
| Sep 22, 2020 | Sep 30, 2020 | Aug 20, 2020 | $0.145 | normal |
| Jun 19, 2020 | Jun 30, 2020 | May 21, 2020 | $0.145 | normal |
| Mar 20, 2020 | Mar 31, 2020 | Feb 20, 2020 | $0.145 | normal |
| Dec 20, 2019 | Dec 31, 2019 | Nov 21, 2019 | $0.145 | normal |
| Sep 19, 2019 | Sep 30, 2019 | Aug 15, 2019 | $0.132 | normal |
| Jun 20, 2019 | Jun 28, 2019 | May 16, 2019 | $0.132 | normal |
| Mar 21, 2019 | Mar 29, 2019 | Feb 21, 2019 | $0.132 | normal |
| Dec 20, 2018 | Dec 31, 2018 | Nov 15, 2018 | $0.132 | normal |
| Sep 18, 2018 | Sep 28, 2018 | Aug 16, 2018 | $0.132 | normal |
| Jun 19, 2018 | Jun 29, 2018 | May 17, 2018 | $0.132 | normal |
| Mar 19, 2018 | Mar 30, 2018 | Feb 15, 2018 | $0.132 | normal |
| Dec 18, 2017 | Dec 29, 2017 | Nov 16, 2017 | $0.132 | normal |
| Sep 15, 2017 | Sep 29, 2017 | Aug 17, 2017 | $0.12 | normal |
| Jun 16, 2017 | Jun 30, 2017 | May 18, 2017 | $0.12 | normal |
| Mar 17, 2017 | Mar 31, 2017 | Feb 16, 2017 | $0.12 | normal |
| Dec 16, 2016 | Dec 30, 2016 | Nov 17, 2016 | $0.12 | normal |
| Sep 16, 2016 | Sep 30, 2016 | Aug 18, 2016 | $0.12 | normal |
First Guaranty Bancshares's payout ratio of 64.6% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 36.5%, First Guaranty Bancshares's payout ratio is 77% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FGBI First Guaranty Bancshares Inc | 6.67% | $0.64 | 64.6% |
| CZNC Citizens & Northern Corp | 5.48% | $1.12 | 62.6% |
| NKSH National Bankshares Inc | 5.47% | $1.51 | 43% |
| NECB NorthEast Community Bancorp Inc | 1.4% | $0.24 | 8.4% |
Yes, First Guaranty Bancshares has been paying dividends for the last eight years.
FGBI's next dividend is scheduled on Dec 21, 2023 (ex-date).
First Guaranty Bancshares's last dividend ex-date was on Sep 21, 2023. The dividend amount was $0.16 per share.
FGBI has paid dividend of $0.64 per share in the last year.
The current dividend yield of First Guaranty Bancshares is 6.67%.
First Guaranty Bancshares pays dividends quarterly.
First Guaranty Bancshares's dividend payout ratio is 64.6%.
First Guaranty Bancshares's dividend yield is higher than the Financial Services sector average.