Farmers & Merchants Bank (FMBL) Raises Quarterly Dividend 3.7% to $28; 1.4% Yield

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Farmers & Merchants Bank of Long Beach Increases Cash Dividend Payment to $28 Per Share

February 22, 2022 8:05 AM EST

--Declaration Represents 516th Dividend Payment to Shareholders Since 1916--

LONG BEACH, Calif.--(BUSINESS WIRE)-- Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced that its board of directors has approved an increase of the Banks regular quarterly cash dividend to $28 per share from $27 per share on the Banks common stock.

The increase in the... More