Continuing its proven record of enhancing shareholder value, First Guaranty Bancshares, Inc. (NASDAQ:FGBI), Hammond, Louisiana, on November 15, 2021, declared a 10% stock dividend to be paid on December 17, 2021, with a record date of December 15, 2021. Over the years, continued strong earnings have enabled First Guaranty to declare and issue 10% stock dividends in February 2012, December 2015, December 2017, December 2019, and, presently, December 2021.
As the book value has consistently been recovered within 14-17 months, First Guaranty Bancshares, Inc. shareholders have enjoyed enhanced value through both the original dividend income over the period of time plus the overall increase in market value. In addition to the 10% dividends in 2012, 2015, 2017, 2019, and 2021, First Guaranty Bancshares, Inc. has paid 113 consecutive quarterly cash dividends.
Thank you for your continued support.
Sincerely,
Alton B. Lewis
President and CEO
First Guaranty, Bancshares, Inc.