Why Guaranty Bancshares Inc. (GNTY) is a Great Dividend Stock Right Now

Company Overview - Guaranty Bancshares Inc. (GNTY) is based in Addison and operates in the Finance sector, with a year-to-date share price change of 17.2% [3] - The company currently pays a dividend of $0.25 per share, resulting in a dividend yield of 2.47%, which is higher than the Banks - Southwest industry's yield of 1.32% and the S&P 500's yield of 1.62% [3] Dividend Performance - The current annualized dividend of $1 represents a 4.2% increase from the previous year, and over the past five years, GNTY has increased its dividend five times, averaging an annual increase of 7.12% [4] - The company's current payout ratio is 34%, indicating that it paid out 34% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - GNTY is expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $3.30 per share, reflecting a 20.44% increase from the previous year [5] Investment Appeal - GNTY is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [7]