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Independent Bank Group completes Guaranty Bancorp acquisition

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Independent Bank Group completes Guaranty Bancorp acquisition

McKinney, Texas-based Independent Bank Group Inc. completed its acquisition of Denver-based Guaranty Bancorp.

In connection with the acquisition, Independent Bank Group intends to increase its quarterly dividend to 25 cents per common share in the first quarter of 2019. The most recent issuance was 14 cents per common share, which was paid Nov. 15, 2018, according to S&P Global Market Intelligence data.