First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) to Issue $0.42 Quarterly Dividend

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) declared a quarterly dividend on Thursday, January 23rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.4219 per share on Monday, March 3rd. This represents a $1.69 dividend on an annualized basis and a dividend yield of 7.88%. The ex-dividend date of this dividend is Friday, February 14th.

First Guaranty Bancshares Stock Up 1.5 %

Shares of FGBIP stock traded up $0.33 during trading hours on Thursday, reaching $21.41. The company had a trading volume of 9,968 shares, compared to its average volume of 6,015. First Guaranty Bancshares has a 12 month low of $16.48 and a 12 month high of $23.25. The business has a fifty day simple moving average of $20.71 and a 200-day simple moving average of $20.76.

About First Guaranty Bancshares

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.