Achieving Growth and Investor Rewards: Guaranty Bancshares Flourishes with Strong Performance and Rising Profits
Portfolio Pulse from Benzinga Insights
Guaranty Bancshares (NYSE:GNTY) is distributing a dividend of $0.23 per share with an annualized yield of 2.78%. The ex-dividend date was December 28, 2023, and the dividend is payable on January 10, 2024. The company has shown a positive trend in dividend per share growth from $0.78 in 2020 to $0.92 in 2023, and earnings growth from $2.00 per share to $2.71 per share over the same period. Guaranty Bancshares's dividend yield is moderate compared to its industry peer Financial Institutions (NASDAQ:FISI), which has a yield of 5.57%.
January 10, 2024 | 3:05 pm
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POSITIVE IMPACT
Guaranty Bancshares is distributing a $0.23 per share dividend with a 2.78% yield and has shown growth in dividends and earnings per share from 2020 to 2023.
The consistent increase in dividends and earnings per share over the past years suggests a strong financial performance and commitment to shareholder returns, which is likely to positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Financial Institutions has a higher annualized dividend yield of 5.57% compared to Guaranty Bancshares.
While FISI is mentioned as having a higher dividend yield than GNTY, there is no specific news about FISI's financial performance or dividend changes. Therefore, the impact on FISI's stock price is neutral in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50