Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Guaranty Bancshares, Inc. (NYSE: GNTY) has declared a quarterly cash dividend of $0.23 per share of common stock. The dividend will be paid on July 12, 2023, to stockholders of record as of July 1, 2023. This dividend represents a 3.35% yield based on the current market price. Guaranty has a track record of paying increasing dividends for the past 33 years.

ADDISON, Texas--(BUSINESS WIRE)-- The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend today in the amount of $0.23 per share of common stock. The dividend will be paid on July 12, 2023, to stockholders of record as of the close of business on July 1, 2023. Ty Abston, Chairman and Chief Executive Officer stated, “For the last 33 years Guaranty has paid an increasing dividend, and based on the current market price equates to approximately a 3.35% yield. We are proud of the long-standing track record of a steady and growing cash dividend.”

About Guaranty Bancshares

Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. and has 32 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. March 31, 2023, Guaranty Bancshares, Inc. had total assets of $3.4 billion, total loans of $2.4 billion and total deposits of $2.6 billion. Visit www.gnty.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230621403684/en/

Cappy Payne

Senior Executive Vice President & CFO

Guaranty Bancshares, Inc.

(888) 572-9881

investors@gnty.com

Source: Guaranty Bancshares, Inc.

FAQ

What is the dividend amount declared by Guaranty Bancshares, Inc.?

Guaranty Bancshares, Inc. has declared a quarterly cash dividend of $0.23 per share of common stock.

When will the dividend be paid?

The dividend will be paid on July 12, 2023.

Who is eligible to receive the dividend?

Stockholders of record as of the close of business on July 1, 2023, are eligible to receive the dividend.

What is the current market price of Guaranty Bancshares, Inc. stock?

The current market price of Guaranty Bancshares, Inc. stock is not provided in the press release.

What is the yield of the dividend?

The dividend represents a 3.35% yield based on the current market price.

How long has Guaranty Bancshares, Inc. been paying increasing dividends?

Guaranty Bancshares, Inc. has a track record of paying increasing dividends for the past 33 years.