FGBIP First Guaranty Bancshares, Inc. 6.75% Series A Fixed-Rate Non-Cumulative Preferred
We will pay dividends on the Preferred Stock, when, as, and if declared by our board of directors, to the extent that we have lawfully available funds to pay dividends. From the issue date, dividends on the Preferred Stock will accrue on a non-cumulative basis at a rate of 6.75% per annum on the liquidation preference of $1,000 per share, payable quarterly, in arrears, commencing on June 1, 2021 and thereafter on the 1st day of September, December, March and June. We may redeem the Preferred Stock at our option, (i) in whole or in part, from time to time, on any dividend payment date on or after April 22, 2026 at a redemption price equal to $1,000 per share (equivalent to $25 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared and unpaid dividends, to, but excluding, the redemption date. This security was issued by First Guaranty Bancshares Inc, whose common stock symbol is FGBI.
$19.99 +1.33 (7.13%)
As of 03/24/2023 16:00:00 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Financials
Industry: Banks-Regional
Index country: USA
Country of incorporation: USA
IPO date: 04/23/2021
Outstanding shares: 1,200,000
Average volume: 889
Market cap: $19,932,000
Current dividend yield: 10.16% calculation
Coupon rate: 6.750%
Cumulative: No
Liquidation value: $25.00
Callable after: 04/22/2026
Maturity date: n/a - perpetual
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: