First Guaranty Bancshares Announces Series A Preferred Dividend

What Happened
First Guaranty Bancshares, Inc. (FGBI) filed an 8-K (Item 8.01) on August 5, 2026, announcing a quarterly cash dividend on its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Holders of record of the depositary shares (each representing a 1/40th interest in a share of Series A Preferred Stock) as of the Depositary Shares Record Date, August 15, 2026, will receive $0.421875 per depositary share. The Series A Preferred Stock dividend of $16.875 per share will be paid to the depositary on September 1, 2026, and the depositary will distribute that amount to depositary shareholders.

Key Details

• Filing: Form 8-K, Item 8.01 (Other Events), filed August 5, 2026; signed by CFO Eric J. Dosch.
• Dividend rate: 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock.
• Amounts: $16.875 per Series A Preferred share quarterly; $0.421875 per Depositary Share (each Depositary Share = 1/40th interest).
• Important dates: Depositary Shares Record Date — August 15, 2026; Payment Date — September 1, 2026.

Why It Matters
This announcement affects holders of FGBI’s depositary shares (the traded instrument representing interests in the preferred stock). The declared dividend confirms the company will pay the scheduled preferred dividend for the quarter, which is relevant to income-focused investors and those tracking FGBI’s capital distributions. Because the preferred is non-cumulative, missed dividends would not accrue; this filing confirms the current quarterly payment will be made on schedule.