dividend
confidence high
sentiment positive
materiality 0.60
Farmers & Merchants Bancorp declares $9.30 year-end dividend, up 5.68%
FARMERS & MERCHANTS BANCORP
- Year-end cash dividend of $9.30/share, up 5.68%; payable Jan 2, 2025 to holders of record Dec 4, 2024.
- Total 2024 cash dividends $18.10/share, up 5.85% from $17.10 in 2023; payout ratio 15.28%.
- Trailing twelve months net income $88.0M ($118.46/share), up 1.26% from prior year.
- Repurchased 47,989 shares for $45.4M YTD through Oct 31, reducing outstanding shares by 6.42%.
- Capital well-capitalized: CET1 ratio 13.47%, total risk-based capital 14.95%.