At the end of today, January 10, 2024, Guaranty Bancshares GNTY will distribute a dividend payout of $0.23 per share, translating to an annualized dividend yield of 2.78%. Shareholders who held the stock before the ex-dividend date on December 28, 2023 will benefit from this payout.
Guaranty Bancshares Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-28 | 4 | $0.23 | 2.78% | 2023-12-20 | 2023-12-30 | 2024-01-10 |
| 2023-09-22 | 4 | $0.23 | 3.33% | 2023-09-14 | 2023-09-25 | 2023-10-11 |
| 2023-06-29 | 4 | $0.23 | 3.41% | 2023-06-21 | 2023-07-01 | 2023-07-12 |
| 2023-03-24 | 4 | $0.23 | 3.01% | 2023-03-08 | 2023-03-27 | 2023-04-12 |
| 2022-12-29 | 4 | $0.22 | 2.5% | 2022-12-21 | 2022-12-31 | 2023-01-11 |
| 2022-09-29 | 4 | $0.22 | 2.47% | 2022-09-21 | 2022-10-01 | 2022-10-12 |
| 2022-06-24 | 4 | $0.22 | 2.52% | 2022-06-15 | 2022-06-27 | 2022-07-13 |
| 2022-03-25 | 4 | $0.22 | 2.49% | 2022-03-09 | 2022-03-28 | 2022-04-13 |
| 2021-12-23 | 4 | $0.2 | 2.18% | 2021-12-16 | 2021-12-27 | 2022-01-12 |
| 2021-09-24 | 4 | $0.2 | 2.37% | 2021-09-16 | 2021-09-27 | 2021-10-13 |
| 2021-06-25 | 4 | $0.2 | 2.18% | 2021-06-17 | 2021-06-28 | 2021-07-14 |
| 2021-03-26 | 4 | $0.2 | 2.3% | 2021-03-12 | 2021-03-29 | 2021-04-14 |
When comparing Guaranty Bancshares's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Financial Institutions FISI having the highest annualized dividend yield at 5.57%.
Analyzing Guaranty Bancshares Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.78 to $0.92, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Guaranty Bancshares
The earnings chart above shows that from 2020 to 2023, Guaranty Bancshares has experienced an increase in their earnings from $2.00 per share to $2.71 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article takes an in-depth look at Guaranty Bancshares's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.23 per share today, translating to an annualized dividend yield of 2.78%.
When comparing Guaranty Bancshares's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Financial Institutions having the highest annualized dividend yield at 5.57%.
With an increase in dividend per share and earnings per share from 2020 to 2023, Guaranty Bancshares demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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