First Guaranty Bancshares (First Guaranty Bancshares) Dividend Payout Ratio

: 2.62 (As of Dec. 2023)

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First Guaranty Bancshares's dividend payout ratio for the months ended in Dec. 2023 was 2.62.

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.

The historical rank and industry rank for First Guaranty Bancshares's Dividend Payout Ratio or its related term are showing as below:

FGBI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.35 Max: 0.97
Current: 0.97

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.

FGBI's Dividend Payout Ratio is ranked worse than
94.24% of 1094 companies
in the Banks industry
Industry Median: 0.33 vs FGBI: 0.97

As of today (2024-04-18), the Dividend Yield % of First Guaranty Bancshares is 6.59%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

First Guaranty Bancshares Dividend Payout Ratio Historical Data

The historical data trend for First Guaranty Bancshares's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

First Guaranty Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.39

0.30

0.24

0.25

0.97

First Guaranty Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.37	0.57	0.77	1.46	2.62

Competitive Comparison

For the Banks - Regional subindustry, First Guaranty Bancshares's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, First Guaranty Bancshares's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Guaranty Bancshares's Dividend Payout Ratio falls into.

First Guaranty Bancshares Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.64	/	0.661
	=	0.97

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

First Guaranty Bancshares (NAS:FGBI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First Guaranty Bancshares Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Guaranty Bancshares's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First Guaranty Bancshares (First Guaranty Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Guaranty Bancshares Inc (NAS:FGBI) » Definitions » Dividend Payout Ratio

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