Farmers and Merchants Bancshares declares $0.36 quarterly dividend, up 5.9%

Farmers & Merchants Bancshares, Inc.

Cash dividend of $0.36 per share, payable June 18, 2026 to holders of record June 2, 2026.
Represents a 5.9% increase over the previous quarterly dividend paid in December.
Annualized payout ratio is approximately 33%.
Dividend declared by Board on May 18, 2026 and announced via press release on May 19, 2026.

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