secwatch.observer — SEC 8-K summary
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Issuer:     Farmers & Merchants Bancshares, Inc. (FMFG)
CIK:        0001698022
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001437749-23-032703
Event type: dividend
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698022/000143774923032703/0001437749-23-032703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698022/000143774923032703/fmfg20231121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-032703

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