Comprehensive Insight into First Guaranty's Dividend and Recent Developments Ahead of Jun 23, 2025

First Guaranty Bancshares, Inc. has announced a dividend of $0.010 per share, to be paid on Jun 30, 2025, with an ex-dividend date set for Jun 23, 2025. This dividend is significantly lower than the average of the last ten dividends, which stand at $0.150 per share. The announcement was made on May 15, 2025. The previous dividend was distributed on Mar 31, 2025, also at $0.010 per share. The dividend type is cash dividend.

In recent developments, First Guaranty Bancshares has seen some notable changes. Over the past week, the company announced a shift in its auditing team, with the Audit Committee accepting the resignation of Griffith, Delaney, Hillman & Lett, and appointing EisnerAmper as the new auditor. This strategic move is expected to enhance the company's financial oversight and ensure the accuracy of its financial reporting.

Additionally, as of late, Michael R. Mineer continues to lead First Guaranty Bancshares as President & CEO, a position he has held since 2024. His leadership is likely contributing to the company's operational strategies and market performance.

Moreover, First Guaranty Bancshares reported its Q1 financial results recently, indicating a loss but surpassing revenue estimates. Analysts have highlighted the implications of these results on the company's market performance and its strategic initiatives moving forward.

In conclusion, First Guaranty Bancshares is poised for several strategic changes and developments in its financial and leadership structure. Investors should be aware that Jun 23, 2025, marks the ex-dividend date, which is the final opportunity to purchase shares and qualify for the upcoming dividend. Any acquisitions post this date will not include the current dividend entitlement.