First Guaranty Bancshares' Preferred Stock Shares Cross 8% Yield Mark
December 12, 2024 at 14:42 PM EST
In trading on Thursday, shares of First Guaranty Bancshares, Inc.'s 6.75% Dep Shares Ser A Non-Cumul Preferred Stock (FGBIP) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $19.82 on the day. This compares to an average yield of 6.48% in the "Financial" preferred stock category, according to Preferred Stock Channel..
