Farmers & Merchants Bancorp, Inc. (FMAO) Declares $0.2212 Quarterly Dividend; 3.2% Yield
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Farmers & Merchants Bancorp, Inc. Announces 30th Consecutive Annual Increase in Dividend
September 24, 2024 4:45 PM EDTARCHBOLD, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.32 billion at June 30, 2024, today announced that it has approved the Companys quarterly cash dividend of $0.22125 per share. The third-quarter dividend is payable on October 20, 2024, to shareholders of record as of October 4, 2024.
The $0.22125 per share cash dividend reflects a $0.00125 per share increase in the quarterly dividend, representing the 30th consecutive annual increase in the Companys regular dividend payment.
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