Farmers and Merchants Bancshares declares $0.34 dividend, 14th consecutive annual increase

Farmers & Merchants Bancshares, Inc.

Cash dividend of $0.34 per share declared, payable Dec 17, 2024 to holders of record Dec 3, 2024.
Dividend increased $0.01 from the prior dividend paid in June 2024; total 2024 payout is $0.67 per share.
Annual dividend has increased for 14 consecutive years; 2024 dividend is $0.01 higher than $0.66 paid in 2023.
Dividend yield of 4.5% based on current market value of $14.75 per share.

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