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ADDISON, Texas–(BUSINESS WIRE)–#Nasdaq–Guaranty Bancshares, Inc., (NASDAQ: GNTY) the parent company of Guaranty
Bank & Trust, N.A., announced that its Board of Directors has declared a
quarterly cash dividend in the amount of $0.17 per share of common
stock. The dividend will be paid on July 10, 2019 to stockholders of
record as of the close of business on June 27, 2019.

Ty Abston, Chairman of the Board and Chief Executive Officer of
Guaranty, said, “The $0.66 dividend paid over the last four quarters is
a 20% increase over the prior four quarters. Over the past 30 years, we
have consistently paid a dividend that has grown 871% over that period
and our current dividend yield is 2.22% based on current stock price. We
remain committed to continually growing our dividend return to
shareholders, as we have in the past, knowing that total return on
investment is important.”

About Guaranty Bancshares

Guaranty Bancshares, Inc. is a bank holding company that conducts
commercial banking activities through its wholly-owned subsidiary,
Guaranty Bank & Trust, N.A. As one of the oldest regional community
banks in Texas, Guaranty Bank & Trust provides its customers with a full
array of relationship-driven commercial and consumer banking products
and services, as well as mortgage, trust, and wealth management products
and services. Guaranty Bank & Trust has 30 banking locations across 24
Texas communities located within the East Texas, Dallas/Fort Worth,
greater Houston and Central Texas regions of the state. As of March 31,
2019, Guaranty Bancshares, Inc. had total assets of $2.3 billion, total
loans of $1.7 billion and total deposits of $2.0 billion. Visit www.gnty.com for
more information.

Contacts

Cappy Payne
Senior Executive Vice President & CFO
Guaranty
Bancshares, Inc.
(888) 572-9881
Investors@gnty.com