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FMAO Farmers & Merchants Bancorp dividend history, payout ratio & dates

Farmers & Merchants Bancorp's latest quarterly dividend was on Sep 23, 2022 (ex-date) with a payout of $0.21 per share. On an annualized basis, the company has a current payout of $0.78 per share. This brings the dividend yield to 2.91% based on its recent close price. The latest dividend has an increase of $0.02, or 11% from the prior distribution.

Key dates

  • FMAO last dividend date: Sep 23, 2022
  • FMAO next dividend date: Not announced
FMAO dividend stats
DPS
$0.78
Dividend yield
2.91%
Payout ratio
32.8%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
30.1%

Dividend yield

What is Farmers & Merchants Bancorp current dividend yield

FMAO has a dividend yield of 2.91% which is lower than the Financial Services sector and the industry average. But in comparison with the Financial Services sector average of 2.93%, Farmers & Merchants Bancorp's dividend yield is only 0.7% lower. Historically FMAO's dividend yield has averaged at 2.2% in the last 5 years, which is lower than the current one.

Dividend history

What is FMAO dividend payout history and dates

Farmers & Merchants Bancorp has been paying dividends since 2006. FMAO has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has an increase of 13% since twelve months ago. But with the price of the stock up by 20% from a year ago, the dividend yield has a decrease of 6%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 23, 2022 Oct 20, 2022 Sep 16, 2022 $0.21 normal
Jul 7, 2022 Jul 20, 2022 Jun 28, 2022 $0.013 special
Jul 7, 2022 Jul 20, 2022 Jun 28, 2022 $0.19 normal
Mar 31, 2022 Apr 20, 2022 Mar 22, 2022 $0.19 normal
Dec 27, 2021 Jan 20, 2022 Dec 17, 2021 $0.19 normal
Sep 27, 2021 Oct 20, 2021 Sep 17, 2021 $0.18 normal
Jun 25, 2021 Jul 20, 2021 Jun 16, 2021 $0.17 normal
Mar 30, 2021 Apr 20, 2021 Mar 19, 2021 $0.17 normal
Dec 28, 2020 Jan 20, 2021 Dec 18, 2020 $0.17 normal
Sep 28, 2020 Oct 20, 2020 Sep 18, 2020 $0.17 normal
Jun 26, 2020 Jul 20, 2020 Jun 16, 2020 $0.16 normal
Mar 30, 2020 Apr 20, 2020 Mar 20, 2020 $0.16 normal
Dec 30, 2019 Jan 20, 2020 Dec 20, 2019 $0.16 normal
Sep 30, 2019 Oct 20, 2019 Sep 20, 2019 $0.15 normal
Jun 14, 2019 Jul 20, 2019 Jun 5, 2019 $0.15 normal
Mar 25, 2019 Apr 20, 2019 Mar 15, 2019 $0.15 normal
Dec 28, 2018 Jan 20, 2019 Dec 21, 2018 $0.15 normal
Oct 1, 2018 Oct 20, 2018 Sep 21, 2018 $0.14 normal
Jun 25, 2018 Jul 20, 2018 Jun 15, 2018 $0.14 normal
Mar 26, 2018 Apr 20, 2018 Mar 16, 2018 $0.13 normal
Dec 22, 2017 Jan 20, 2018 Dec 15, 2017 $0.13 normal
Sep 25, 2017 Oct 20, 2017 $0.13 normal
Jun 22, 2017 Jul 20, 2017 Jun 13, 2017 $0.125 normal
Mar 27, 2017 $0.115 normal
Mar 24, 2017 Apr 20, 2017 $0.115 normal

Farmers & Merchants Bancorp dividend payout ratio

What is Farmers & Merchants Bancorp dividend payout ratio compared to the sector

Payout ratio

FMAO has a payout ratio of 32.8% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.1%, Farmers & Merchants Bancorp's payout ratio is 9% higher.

Total amount of dividends paid per financial year (from cash flow)

FMAO dividend vs peer dividends

How does FMAO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NWBI Northwest Bancshares Inc 5.82% $0.8 80%
BRKL Brookline Bancorp Inc 4.27% $0.51 36.7%
FITB Fifth Third Bancorp 3.84% $1.23 36.8%
FMAO Farmers & Merchants Bancorp Inc 2.91% $0.78 32.8%

Frequently asked questions

Does Farmers & Merchants Bancorp pay a dividend?

Yes, Farmers & Merchants Bancorp has been paying dividends for the last 16 years.

When is Farmers & Merchants Bancorp's next dividend?

FMAO hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in December 2022.

When was FMAO's last dividend?

Farmers & Merchants Bancorp's last regular dividend was on Sep 23, 2022 (ex-date) with the amount of $0.21 per share.

How much dividend does Farmers & Merchants Bancorp pay (per share)?

On an annual basis FMAO pays $0.78 per share.

What is Farmers & Merchants Bancorp's dividend yield?

The current dividend yield of Farmers & Merchants Bancorp is 2.91%.

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 32.8%.

Does Farmers & Merchants Bancorp pay a good dividend?

Farmers & Merchants Bancorp's dividend yield is in line with the Financial Services sector average.