Farmers & Merchants Bancorp's latest dividend was on Dec 27, 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 3.69% based on its recent close price.
Key dates
- FMAO last dividend date: Dec 27, 2024
FMAO dividend stats
vs. Financial Services sector
Dividend yield
FMAO has a dividend yield of 3.69% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.11%, Farmers & Merchants Bancorp's dividend yield is 19% higher. Historically FMAO's dividend yield has averaged at 3.2% in the last 5 years, which is lower than the current one.
Dividend history
Farmers & Merchants Bancorp has been paying dividends since 2006. FMAO has distributed three dividends in the past year. The annualized dividend per share has an increase of 2.7% since twelve months ago. But with the price of the stock up by 7% from a year ago, the dividend yield has a decrease of 4.4%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Dec 27, 2024 | $0.221 | 3.09% |
| 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% |
Farmers & Merchants Bancorp dividend payout ratio
Payout ratio
FMAO has a payout ratio of 46.5% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 43.8%, Farmers & Merchants Bancorp's payout ratio is 6% 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 | 6.64% | $0.8 | 101.3% |
| BRKL Brookline Bancorp Inc | 4.97% | $0.54 | 70.1% |
| FITB Fifth Third Bancorp | 3.75% | $1.46 | 46.2% |
| FMAO Farmers & Merchants Bancorp Inc | 3.68% | $0.88 | 46.5% |
Frequently asked questions
Does Farmers & Merchants Bancorp pay a dividend?
Yes, Farmers & Merchants Bancorp has been paying dividends for the last 19 years.
When was FMAO's last dividend?
Farmers & Merchants Bancorp's last regular dividend was on Dec 27, 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 3.69%.
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 46.5%.
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.