Farmers & Merchants Bancorp announced on August 13, 2025, a change in its dividend policy, moving from semi-annual to quarterly cash dividend payments. This decision was made by the Board of Directors after a thorough analysis of the company’s financial condition and performance.
The shift to a quarterly dividend frequency is designed to align more closely with banking industry practices and provide a more frequent return to shareholders. The company emphasized that this change impacts only the frequency of payments, with the amount of each future dividend to be determined by the Board based on financial performance.
In conjunction with this policy change, the Board of Directors declared a quarterly cash dividend of $5.00 per share on August 12, 2025. This dividend is payable on October 1, 2025, to shareholders of record as of September 11, 2025. The company's last semi-annual cash dividend of $9.30 was paid on July 1, 2025.
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