StockWatch
·
Savings Institutions
DividendMay 1, 2026, 04:41 PM

First Guaranty Bancshares Declares $0.421875 Quarterly Distribution

AI Summary

First Guaranty Bancshares, Inc. announced that its Board of Directors declared a quarterly distribution of $0.421875 per depositary share. This distribution, stemming from a $16.875 per share dividend on its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, will be paid on June 1, 2026. Holders of record as of May 15, 2026, will be eligible to receive the distribution.

Key Highlights

  • First Guaranty Bancshares declared a quarterly distribution for its depositary shares.
  • The distribution amount is $0.421875 per depositary share.
  • This distribution is based on a $16.875 per share dividend for Series A Preferred Stock.
  • The record date for eligible holders is May 15, 2026.
  • The payment date for the distribution is June 1, 2026.
  • The Board of Directors approved the distribution on April 16, 2026.