Farmers & Merchants Bancorp (FMCB) Declares $7.80 Special Dividend; 0.8% Yield

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Go back to Farmers & Merchants Bancorp (FMCB) Declares $7.80 Special Dividend; 0.8% Yield

Farmers & Merchants Bancorp (FMCB) Announces Increase to the Year-End Cash Dividend

November 15, 2021 7:55 PM EST

LODI, Calif., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the Company or FMCB), the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank, announced that the Board of Directors declared a year-end cash dividend of $7.80 per share, an increase of 4.00% over the cash dividend declared in November of 2020. The cash dividend will be payable on January 3, 2022 to shareholders of record as of December 9, 2021. Total cash dividends declared in 2021 increased 3.73% to $15.30 per share compared with $14.75 declared in 2020.

Kent A. Steinwert, Chairman, President and Chief... More