Farmers and Merchants Bancshares raises semi-annual dividend to $0.33 per share

Farmers & Merchants Bancshares, Inc.

Dividend of $0.33 per share declared, payable June 23, 2023 to holders of record June 2, 2023.
Dividend increased $0.01 from the prior semi-annual dividend paid in December 2022.
This marks the 27th consecutive semi-annual dividend that has increased or remained the same since June 2010.

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