Farmers & Merchants Bancorp, Inc. (FMAO) Declares $0.16 Quarterly Dividend; 2.5% Yield
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Farmers & Merchants Bancorp, Inc. Declares 2020 First-Quarter Cash Dividend
March 20, 2020 11:00 AM EDTARCHBOLD, Ohio, March 20, 2020 (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 $1.61 billion at December 31, 2019, today announced that it has approved the Companys quarterly cash dividend of $0.16 per share, which is a 6.7% increase over the first quarter dividend of 2019. The first quarter dividend is payable on April 20, 2020, to shareholders of record as of March 31, 2020.Â
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