Guaranty Bancorp (NASDAQ:GBNK) announced a quarterly dividend on Wednesday, November 9th. Stockholders of record on Friday, November 18th will be given a dividend of 0.115 per share by the financial services provider on Monday, November 28th. This represents a $0.46 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Wednesday, November 16th.

Shares of Guaranty Bancorp (NASDAQ:GBNK) opened at 20.45 on Tuesday. Guaranty Bancorp has a 52-week low of $13.92 and a 52-week high of $21.45. The stock has a 50 day moving average of $18.22 and a 200 day moving average of $17.30. The firm has a market cap of $568.18 million, a price-to-earnings ratio of 19.49 and a beta of 1.03.

Dividend History for Guaranty Bancorp (NASDAQ:GBNK)

GBNK has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Guaranty Bancorp from a “sell” rating to a “hold” rating in a report on Monday, September 26th. Sandler O’Neill upgraded shares of Guaranty Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, October 27th.

In related news, Director W Kirk Wycoff sold 41,609 shares of the firm’s stock in a transaction that occurred on Thursday, September 8th. The shares were sold at an average price of $18.01, for a total transaction of $749,378.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 31.93% of the company’s stock.

Several hedge funds have recently bought and sold shares of GBNK. Dimensional Fund Advisors LP boosted its stake in Guaranty Bancorp by 6.5% in the second quarter. Dimensional Fund Advisors LP now owns 485,563 shares of the financial services provider’s stock valued at $8,109,000 after buying an additional 29,649 shares in the last quarter. BlackRock Advisors LLC boosted its stake in Guaranty Bancorp by 2.4% in the second quarter. BlackRock Advisors LLC now owns 7,533 shares of the financial services provider’s stock worth $126,000 after buying an additional 173 shares during the period. BlackRock Investment Management LLC boosted its stake in Guaranty Bancorp by 12.3% in the second quarter. BlackRock Investment Management LLC now owns 64,283 shares of the financial services provider’s stock worth $1,074,000 after buying an additional 7,031 shares during the period. BlackRock Fund Advisors boosted its stake in Guaranty Bancorp by 2.0% in the second quarter. BlackRock Fund Advisors now owns 388,948 shares of the financial services provider’s stock worth $6,495,000 after buying an additional 7,626 shares during the period. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in Guaranty Bancorp by 6.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 155,571 shares of the financial services provider’s stock worth $2,598,000 after buying an additional 9,650 shares during the period. Institutional investors and hedge funds own 66.92% of the company’s stock.

About Guaranty Bancorp

Guaranty Bancorp is the bank holding for Guaranty Bank and Trust Company (the Bank). The Company’s segment is banking. The Company operates approximately 30 branches and over two investment management firms, including Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc (CHIA), in Colorado through the Bank.

5 Day Chart for NASDAQ:GBNK

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