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FGBI First Guaranty Bancshares dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: FGBI
  4. Dividend

First Guaranty Bancshares's latest quarterly dividend of $0.16 per share was on Mar 21, 2024 (ex-date). The annualized dividend distribution of $0.64 per share represents a current dividend yield of 6.41%.

Key dates

  • FGBI last dividend date: Mar 21, 2024
  • FGBI next dividend date: Not announced
Peer dividends: CZNC NKSH NECB
FGBI dividend stats
DPS
$0.64
Dividend yield
6.27%
Payout ratio
103.2%
vs. Financial Services sector
Dividend yield
3.41%
Payout ratio
39.6%

Dividend yield

What is First Guaranty Bancshares current dividend yield

First Guaranty Bancshares's dividend yield of 6.41% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 3.41%, First Guaranty Bancshares's dividend yield is 88% higher. Historically FGBI's dividend yield has averaged at 3.9% in the last 5 years, which is lower than the current yield.

Dividend history

What is FGBI dividend payout history and dates

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 28% from a year ago, the dividend yield has an increase of 39%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 21, 2024 Mar 29, 2024 Feb 15, 2024 $0.16 normal
Dec 21, 2023 Dec 29, 2023 Nov 16, 2023 $0.16 normal
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 dividend payout ratio

What is First Guaranty Bancshares dividend payout ratio compared to the sector

Payout ratio

First Guaranty Bancshares's payout ratio of 103.2% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 39.6%, First Guaranty Bancshares's payout ratio is 161% higher.

Total amount of dividends paid per financial year (from cash flow)

FGBI dividend vs peer dividends

How does FGBI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CZNC Citizens & Northern Corp 6.32% $1.12 71.3%
FGBI First Guaranty Bancshares Inc 6.27% $0.64 103.2%
NKSH National Bankshares Inc 5.59% $1.51 56.8%
NECB NorthEast Community Bancorp Inc 1.77% $0.28 8.4%

Frequently asked questions

Does First Guaranty Bancshares pay a dividend?

Yes, First Guaranty Bancshares has been paying dividends for the last nine years.

When is First Guaranty Bancshares's next dividend?

At this point we don't have a record of FGBI's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.

When was FGBI's last dividend?

First Guaranty Bancshares's last dividend ex-date was on Mar 21, 2024. The dividend amount was $0.16 per share.

How much dividend does First Guaranty Bancshares pay (per share)?

FGBI has paid dividend of $0.64 per share in the last year.

What is First Guaranty Bancshares's dividend yield?

The current dividend yield of First Guaranty Bancshares is 6.41%.

How often does First Guaranty Bancshares pay dividends?

First Guaranty Bancshares pays dividends quarterly.

What is First Guaranty Bancshares's dividend payout ratio?

First Guaranty Bancshares's dividend payout ratio is 103.2%.

Does First Guaranty Bancshares pay a good dividend?

First Guaranty Bancshares's dividend yield is higher than the Financial Services sector average.