DividendMay 19, 2026, 04:52 PM
Farmers & Merchants Bancshares Increases Cash Dividend by 5.9% to $0.36
AI Summary
Farmers & Merchants Bancshares, Inc. announced that its Board of Directors declared a cash dividend of $0.36 per share. This represents a 5.9% increase over the dividend paid in December. The dividend will be paid on June 18, 2026, to stockholders of record as of June 2, 2026, with an annualized payout ratio of 33%.
Key Highlights
- Board of Directors declared a cash dividend of $0.36 per share.
- The dividend represents a 5.9% increase over the dividend paid in December.
- The dividend will be paid on June 18, 2026.
- Stockholders of record as of June 2, 2026, will receive the dividend.
- The annualized payout ratio for the dividend is 33%.
Price Impact
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