dividend
confidence high
sentiment positive
materiality 0.45
Farmers & Merchants Bancshares declares Q4 dividend of $0.32, up 10.5% vs prior year
Farmers & Merchants Bancshares, Inc.
- Cash dividend of $0.32 per share, payable Dec 16, 2022 to holders of record Dec 2, 2022.
- Dividend increased $0.01 from previous June 2022 payment; combined 2022 dividends $0.63 per share, up 10.5% from $0.57 in 2021.
- Annual dividend increased for 12 consecutive years.
- Dividend yield of 3.0% based on market price of $20.75 per share.