secwatch.observer — SEC 8-K summary
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Issuer:     Farmers & Merchants Bancshares, Inc. (FMFG)
CIK:        0001698022
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001437749-22-027877
Event type: dividend
Sentiment:  positive
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmers & Merchants Bancshares declares Q4 dividend of $0.32, up 10.5% vs prior year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698022/000143774922027877/0001437749-22-027877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698022/000143774922027877/fmfg20221121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027877

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