ADDISON, Texas--(BUSINESS WIRE)--Guaranty Bancshares, Inc., (NASDAQ: GNTY) the parent company of Guaranty Bank & Trust, N.A., announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.17 per share of common stock. The dividend will be paid on July 10, 2019 to stockholders of record as of the close of business on June 27, 2019.
Ty Abston, Chairman of the Board and Chief Executive Officer of Guaranty, said, “The $0.66 dividend paid over the last four quarters is a 20% increase over the prior four quarters. Over the past 30 years, we have consistently paid a dividend that has grown 871% over that period and our current dividend yield is 2.22% based on current stock price. We remain committed to continually growing our dividend return to shareholders, as we have in the past, knowing that total return on investment is important.”
About Guaranty Bancshares
Guaranty Bancshares, Inc. is a bank holding company that conducts commercial banking activities through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. As one of the oldest regional community banks in Texas, Guaranty Bank & Trust provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services. Guaranty Bank & Trust has 30 banking locations across 24 Texas communities located within the East Texas, Dallas/Fort Worth, greater Houston and Central Texas regions of the state. As of March 31, 2019, Guaranty Bancshares, Inc. had total assets of $2.3 billion, total loans of $1.7 billion and total deposits of $2.0 billion. Visit www.gnty.com for more information.