First Guaranty Bancshares (First Guaranty Bancshares) 3-Year Dividend Growth Rate

: 3.20% (As of Dec. 2023)

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First Guaranty Bancshares's Dividends per Share for the three months ended in Dec. 2023 was $0.16.

The historical rank and industry rank for First Guaranty Bancshares's 3-Year Dividend Growth Rate or its related term are showing as below:

FGBI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -4.2 Med: 4.1 Max: 10
Current: 3.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Guaranty Bancshares was 10.00% per year. The lowest was -4.20% per year. And the median was 4.10% per year.

FGBI's 3-Year Dividend Growth Rate is ranked worse than
71.37% of 779 companies
in the Banks industry
Industry Median: 7.5 vs FGBI: 3.20

During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First Guaranty Bancshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.62. As of today, First Guaranty Bancshares's Dividend Yield % is 6.37%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Guaranty Bancshares Inc is 0.97, which seems too high.

Good Sign:

First Guaranty Bancshares Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison

For the Banks - Regional subindustry, First Guaranty Bancshares's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Guaranty Bancshares 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, First Guaranty Bancshares's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Guaranty Bancshares's 3-Year Dividend Growth Rate falls into.

First Guaranty Bancshares 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First Guaranty Bancshares (NAS:FGBI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

First Guaranty Bancshares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.16	/	0.061
	=	2.62

During the past 13 years, the highest Dividend Payout Ratio of First Guaranty Bancshares was 0.97. The lowest was 0.24. And the median was 0.35.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Guaranty Bancshares Inc is 0.97, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

First Guaranty Bancshares Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
USD 0.160	2024-03-21	2024-03-22	2024-03-29	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.160	2023-12-21	2023-12-22	2023-12-29	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.160	2023-09-21	2023-09-22	2023-09-29	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.160	2023-06-22	2023-06-23	2023-06-30	Cash Dividend	quarterly	USD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Guaranty Bancshares's Dividend Yield (%) for Today is calculated as

Dividend Yield %	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.64	/	10.05
	=	6.37 %

Current Share Price is $10.05.
First Guaranty Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.64.

During the past 13 years, the highest Dividend Yield of First Guaranty Bancshares was 6.88%. The lowest was 1.98%. And the median was 3.35%.

Good Sign:

First Guaranty Bancshares Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Guaranty Bancshares 3-Year Dividend Growth Rate Related Terms>

First Guaranty Bancshares (First Guaranty Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Guaranty Bancshares Inc (NAS:FGBI) » Definitions » 3-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

FGBIP.PFD:USA

Address

400 East Thomas Street, Hammond, LA, USA, 70401

Website

https://www.fgb.net

First Guaranty Bancshares Inc provides personalized commercial banking services to its customers in Louisiana, through several banking facilities in the Market Services Areas. Its principal business activity includes attracting deposits and investing it together with funds generated from operations and borrowings insecurities and in lending activities to serve the credit needs of its customer base. The company offers commercial real estate loans, commercial and industrial loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans.

Executives

Vanessa R Drew	director	400 EAST THOMAS STREET, HAMMOND LA 70401
Amanda Wood Barnett	officer: General Counsel	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Smith Edgar R. Iii	director	400 EAST THOMAS STREET, HAMMOND LA 70401
William K Hood	director	400 EAST THOMAS STREET, HAMMOND LA 70401
Marshall T Reynolds	director, 10 percent owner, officer: Chairman of the Board	2450 FIRST AVENUE, HUNTINGTON WV 25704
Smith & Hood Holding Company, Llc	10 percent owner	11239 HIGHWAY 16, AMITE LA 70422
Eric Dosch	officer: SVP and CFO	2450 FIRST AVENUE, HUNTINGTON WV 25703
Jack Rossi	director	400 EAST THOMAS STREET, HAMMOND LA 70401
Lewis Alton B Jr	officer: Chief Executive Officer	400 EAST THOMAS STREET, HAMMOND LA 70401
Glenda Baskin Glover	director	911 E. WINDING CREEK DRIVE, SUITE 150, EAGLE ID 83616
Smith & Hood Investments, Llc	10 percent owner	P.O. BOX 367, AMITE LA 70422
Gary A Simanson	director	717 KING STREET, ALEXANDRIA VA 22314
Michael R. Sharp	officer: President and CLO	400 EAST THOMAS STREET, HAMMOND LA 70401
Michele E. Lobianco	officer: Chief Financial Officer	400 EAST THOMAS STREET, HAMMOND LA 70401
Loy F. Weaver	officer: Executive Vice President	400 EAST THOMAS STREET, HAMMOND LA 70401