Farmers & Merchants Bancorp, Inc. (FMAO) Declares $0.21 Quarterly Dividend; 3.1% Yield

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Farmers & Merchants Bancorp, Inc. Declares 2022 Fourth-Quarter Cash Dividend

December 20, 2022 5:04 PM EST

ARCHBOLD, Ohio, Dec. 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with total assets of $2.784 billion at September 30, 2022, today announced that it has approved the Companys quarterly cash dividend of $0.21 per share, which is a 10.5% increase over the 2021 fourth-quarter dividend.   The fourth-quarter dividend is payable on January 20, 2023, to shareholders of record as of December 30, 2022.  

About Farmers & Merchants Bancorp, IncThe Farmers & Merchants State Bank is a local independent community bank that has... More