FMAO Farmers & Merchants Bancorp dividend history, payout ratio & dates
Farmers & Merchants Bancorp's latest dividend was on Oct 4, 2024 (ex-date) with a payout of $0.221 per share. On an annualized basis, the company has a current payout of $0.88 per share. This brings the dividend yield to 3.02% based on its recent close price. The latest dividend has an increase of $0, or 0.6% from the prior distribution.
Key dates
- FMAO last dividend date: Oct 4, 2024
FMAO dividend stats
vs. Financial Services sector
Dividend yield
FMAO has a dividend yield of 3.02% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.82%, Farmers & Merchants Bancorp's dividend yield is 7% higher. Historically FMAO's dividend yield has averaged at 3.1% in the last 5 years, which is in line with the current one.
Dividend history
Farmers & Merchants Bancorp has been paying dividends since 2006. FMAO has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.9% since twelve months ago. But with the price of the stock up by 12% from a year ago, the dividend yield has a decrease of 6%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 4, 2024 | $0.221 | 3.38% |
| Jul 5, 2024 | $0.22 | 4.09% |
| Mar 27, 2024 | $0.22 | 3.82% |
| Dec 28, 2023 | $0.22 | 3.19% |
| Oct 5, 2023 | $0.21 | 4.75% |
| Jul 6, 2023 | $0.21 | 3.94% |
| Mar 30, 2023 | $0.21 | 3.36% |
| Dec 29, 2022 | $0.21 | 2.89% |
| Sep 23, 2022 | $0.21 | 2.92% |
| Jul 7, 2022 | $0.19 | 2.27% |
| Mar 31, 2022 | $0.19 | 2.02% |
| Dec 27, 2021 | $0.19 | 2.21% |
| Sep 27, 2021 | $0.18 | 3.06% |
| Jun 25, 2021 | $0.17 | 3.13% |
| Mar 30, 2021 | $0.17 | 2.66% |
| Dec 28, 2020 | $0.17 | 2.85% |
| Sep 28, 2020 | $0.17 | 3.22% |
| Jun 26, 2020 | $0.16 | 3.18% |
| Mar 30, 2020 | $0.16 | 2.48% |
| Dec 30, 2019 | $0.16 | 2.03% |
| Sep 30, 2019 | $0.15 | 2.85% |
| Jun 14, 2019 | $0.15 | 2.1% |
| Mar 25, 2019 | $0.15 | 2.05% |
| Dec 28, 2018 | $0.15 | 1.47% |
| Oct 1, 2018 | $0.14 | 1.28% |
| Jun 25, 2018 | $0.14 | 1.13% |
| Mar 26, 2018 | $0.13 | 1.28% |
| Dec 22, 2017 | $0.13 | 0.89% |
| Sep 25, 2017 | $0.13 | 0.72% |
| Jun 22, 2017 | $0.125 | 0.49% |
Farmers & Merchants Bancorp dividend payout ratio
Payout ratio
FMAO has a payout ratio of 51.8% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 44.2%, Farmers & Merchants Bancorp's payout ratio is 17% higher.
Total amount of dividends paid per financial year (from cash flow)
FMAO dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWBI Northwest Bancshares Inc | 5.96% | $0.8 | 105.3% |
| BRKL Brookline Bancorp Inc | 4.52% | $0.54 | 65.1% |
| FITB Fifth Third Bancorp | 3.3% | $1.42 | 47% |
| FMAO Farmers & Merchants Bancorp Inc | 3% | $0.88 | 51.8% |
Frequently asked questions
Does Farmers & Merchants Bancorp pay a dividend?
Yes, Farmers & Merchants Bancorp has been paying dividends for the last 18 years.
When was FMAO's last dividend?
Farmers & Merchants Bancorp's last regular dividend was on Oct 4, 2024 (ex-date) with the amount of $0.221 per share.
How much dividend does Farmers & Merchants Bancorp pay (per share)?
On an annual basis FMAO pays $0.88 per share.
What is Farmers & Merchants Bancorp's dividend yield?
The current dividend yield of Farmers & Merchants Bancorp is 3.02%.
How often does Farmers & Merchants Bancorp pay dividends?
Farmers & Merchants Bancorp pays dividends quarterly.
What is Farmers & Merchants Bancorp's dividend payout ratio?
Farmers & Merchants Bancorp's dividend payout ratio is 51.8%.
Does Farmers & Merchants Bancorp pay a good dividend?
Farmers & Merchants Bancorp's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.