secwatch.observer — SEC 8-K summary
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Issuer:     Farmers & Merchants Bancshares, Inc. (FMFG)
CIK:        0001698022
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001437749-24-035729
Event type: dividend
Sentiment:  positive
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698022/000143774924035729/0001437749-24-035729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698022/000143774924035729/fmfg20241119_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035729

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