First Guaranty Bancshares Inc. has decided to reduce its dividend to just 1 cent per share. The company, which is based in Hammond, Louisiana, made this announcement recently. This move marks a significant decrease from its previous dividend amount. This decision was made in light of the current economic situation and the impact of the ongoing pandemic. The company is taking steps to ensure its financial stability during these challenging times. Investors and stakeholders should take note of this development.
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