First Guaranty Bancshares Declares Common and Preferred Dividends

Ticker: FGBIP · Form: 8-K · Filed: Feb 21, 2024 · CIK: 1408534

First Guaranty Bancshares, Inc. 8-K Filing Summary
FieldDetail
CompanyFirst Guaranty Bancshares, Inc. (FGBIP)
Form Type8-K
Filed DateFeb 21, 2024
Risk Levellow
Pages1
Reading Time2 min
Key Dollar Amounts$1, $0.16
Sentimentneutral

Sentiment: neutral

Topics: dividend-declaration, shareholder-returns

TL;DR

**FGBI just declared its regular common and preferred stock dividends, signaling business as usual for shareholders.**

AI Summary

First Guaranty Bancshares, Inc. (NASDAQ: FGBI) filed an 8-K on February 21, 2024, reporting a dividend declaration made on February 15, 2024. The filing indicates the declaration of a common stock dividend and a non-cumulative preferred stock dividend. This routine filing confirms the company's commitment to returning value to shareholders through regular dividend payments.

Why It Matters

Dividend declarations are a key indicator of a company's financial health and its commitment to shareholder returns, directly impacting investor sentiment and stock attractiveness.

Risk Assessment

Risk Level: low — This 8-K is a routine dividend declaration, which is generally a positive or neutral event with low inherent risk.

Key Players & Entities

  • First Guaranty Bancshares, Inc. (company) — Registrant declaring dividends
  • February 15, 2024 (date) — Date of earliest event reported (dividend declaration)
  • February 21, 2024 (date) — Filing date of the 8-K
  • 001-37621 (other) — Commission File Number
  • 26-0513559 (other) — I.R.S. Employer Identification Number

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was the dividend declaration on February 15, 2024.

Which types of dividends were declared by First Guaranty Bancshares, Inc.?

First Guaranty Bancshares, Inc. declared both common stock dividends and non-cumulative preferred stock dividends.

What is the filing date of this 8-K?

The 8-K was filed on February 21, 2024.

What is the business address of First Guaranty Bancshares, Inc.?

The business address of First Guaranty Bancshares, Inc. is 400 East Thomas Street, Hammond, Louisiana 70401.

What is the Commission File Number for First Guaranty Bancshares, Inc.?

The Commission File Number for First Guaranty Bancshares, Inc. is 001-37621.

Filing Stats: 448 words · 2 min read · ~1 pages · Grade level 11 · Accepted 2024-02-21 11:46:11

Key Financial Figures

  • $1 — ange on which registered Common Stock, $1 par value FGBI The Nasdaq Stock Market
  • $0.16 — s outstanding shares of common stock of $0.16 per share. The dividend will be payable

Filing Documents

01 Other Events

Item 8.01 Other Events On February 15, 2024 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of March 22, 2024 and is expected to be paid on March 29, 2024. This is the 123rd consecutive quarterly dividend paid to common shareholders.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST GUARANTY BANCSHARES, INC. (Registrant) Date: February 21, 2024 By: /s/Eric J. Dosch Eric J. Dosch Chief Financial Officer

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