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Guaranty reports quarterly dividend

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Guaranty Federal Bancshares Inc., the holding company for Springfield-based Guaranty Bank, announced Dec. 22 a quarterly dividend of 16.5 cents.

The dividend is payable Jan. 20 to stockholders of record on Jan. 6.

Guaranty Federal has paid 24 consecutive dividends since it was formed in 1997 – nine consecutive semi-annual dividends and 15 consecutive quarterly dividends.

Guaranty Bank has seven locations and 21 automated teller machines in Greene and Christian counties. Shares of the holding company’s stock (Nasdaq: GFED) closed Dec. 29 at $27.90, compared to a 52-week range of $21.93 to $28.26.

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