Farmers National Banc (FMNB) Raises Quarterly Dividend 12.5% to $0.09; 2.4% Yield
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Farmers National Banc (NASDAQ: FMNB) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 12.5% increase from the prior dividend of $0.08.
The dividend will be payable on March 29, 2019, to stockholders of record on March 8, 2019, with an ex-dividend date of March 7, 2019.
The annual yield on the dividend is 2.4 percent.
Kevin J. Helmick, President and CEO, stated, “It is my pleasure to announce the Board of Directors has approved a 29% year-over-year increase to the company’s first quarter dividend. This is the fourth increase to Farmers’ dividend in three years reflecting the company’s strong financial and performance results, and the Board’s commitment to create value for our shareholders.”
For a dividend history and other dividend-related data on Farmers National Banc (FMNB) click here.
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