Farmers National Banc Corp. Declares Quarterly Cash Dividend

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Get Alerts FMNB Hot Sheet

Price: $15.37 -1.54%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 4.7%
EPS Growth %: -9.5%

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Represents 29% Year-Over-Year Increase in Quarterly Dividend Payment

CANFIELD, Ohio--(BUSINESS WIRE)-- On February 26, 2019, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.09 per share. The common stock cash dividend will have a record date of March 8, 2019, and is payable to shareholders on March 29, 2019.

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.”

ABOUT FARMERS NATIONAL BANC CORP.

Founded in 1887, Farmers is a diversified financial services company headquartered in Canfield, Ohio, with over $2 billion in banking assets and over $1 billion in trust assets. Farmers’ wholly-owned subsidiaries are comprised of Farmers National Bank, a full-service national bank engaged in commercial and retail banking with 41 locations in Mahoning, Trumbull, Columbiana, Stark, Summit, Wayne, Medina, Holmes and Cuyahoga Counties in Ohio and Beaver County in Pennsylvania; Farmers Trust Company, which operates 4 trust offices and offers services in the same geographic markets; National Associates, Inc.; and Farmers National Insurance, LLC and Bowers Insurance Agency, Inc. which offer a variety of insurance products.