Farmers & Merchants Bancorp, Inc. (FMAO) Raises Quarterly Dividend 7.1% to $0.15; 1.6% Yield
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Farmers & Merchants Bancorp, Inc. Raises 2018 Fourth-Quarter Cash Dividend Payment by 7.1% to $0.15 per share
December 21, 2018 11:45 AM ESTSecond Increase in Quarterly Cash Dividend this Year
ARCHBOLD, Ohio, Dec. 21, 2018 (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 $1.1 billion at September 30, 2018, today announced that it has approved a 7.1% increase in the companys quarterly dividend payment.Â
The new cash dividend has been raised to $0.15 per share from the previous dividend of $0.14 and represents the second increase to the quarterly cash dividend this year. The fourth-quarter dividend is payable on January 20,... More
