---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-032703"
form_type: "8-K"
ticker: "FMFG"
cik: "0001698022"
company_name: "Farmers & Merchants Bancshares, Inc."
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:44:29.240823+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Farmers & Merchants Bancshares declares $0.33 dividend, 4.8% YoY increase, 13th straight annual rise

## Summary
- Cash dividend of $0.33 per share, payable Dec 15, 2023 to holders of record Dec 1, 2023.
- Quarterly rate unchanged from June 2023; combined 2023 dividend $0.66 per share.
- 2023 dividend represents 4.8% increase over $0.63 per share paid in 2022.
- Annual dividend has increased for 13 consecutive years.
- Dividend yield of 3.8% based on market price of $17.52 per share.

## SEC filing metadata
- accession: 0001437749-23-032703
- form_type: 8-K
- ticker: FMFG
- cik: 0001698022
- company_name: Farmers & Merchants Bancshares, Inc.
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698022/000143774923032703/0001437749-23-032703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698022/000143774923032703/fmfg20231121_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-032703
- JSON: https://secwatch.observer/filing/0001437749-23-032703.json
- Plain text: https://secwatch.observer/filing/0001437749-23-032703.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.