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Guaranty declares quarterly dividend

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Springfield-based Guaranty Federal Bancshares Inc., the holding company for Guaranty Bank, on Friday declared an 18-cent-per-share dividend for the first quarter.

The dividend is on 2.61 million shares of the company’s common stock and is payable April 18 to shareholders of record April 7.

Guaranty has paid 33 consecutive dividends since the holding company was formed in December 1997.

Shares (Nasdaq: GFED) closed Friday at $25.95, compared to a 52-week range of $24.45 to $30.85.

Guaranty Bank has eight branches in Greene and Christian counties and loan production offices in Wright, Webster and Howell counties.

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