Farmers & Merchants Bancorp, Inc. (FMAO) Raises Quarterly Dividend 8.7% to $0.25; 2% Yield

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Go back to Farmers & Merchants Bancorp, Inc. (FMAO) Raises Quarterly Dividend 8.7% to $0.25; 2% Yield

Farmers & Merchants Bancorp, Inc. Raises Second-Quarter Cash Dividend Payment by 8.7% to $0.25 per share

June 13, 2017 12:53 PM EDT

ARCHBOLD, Ohio, June 13, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of approximately $1.1 billion at March 31, 2017, today announced that it has approved a 8.7% increase in the companys quarterly cash dividend.  The new dividend has been raised to $0.25 per share from the previous dividend of $0.23, and represents the 18th consecutive annual increase.  The second quarter dividend is payable on July 20, 2017 to shareholders of record as of... More