Farmers & Merchants Bancorp announced on May 14, 2025, that its Board of Directors declared a mid-year cash dividend of $9.30 per share. This represents a 5.7% increase over the $8.80 per share paid in July 2024.
This declaration marks the 60th consecutive year that Farmers & Merchants Bancorp has increased its cash dividend, and the 90th consecutive year it has paid cash dividends. This consistent performance places the company in an elite group of publicly traded companies known as 'Dividend Kings.'
The dividend is payable on July 1, 2025, to shareholders of record on June 10, 2025. This sustained commitment to dividend growth is supported by the company's strong financial results, including net income of $23.0 million for the first quarter of 2025 and robust capital ratios, with a common equity tier 1 ratio of 13.75%.
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