Farmers National Banc's latest quarterly cash dividend of $0.17 per share was issued to shareholders on record before Mar 7, 2024. The dividend distribution stands at $0.68 per share annually, which comes to a dividend yield of 5.38%.
FMNB has a dividend yield of 5.38% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.38%, Farmers National Banc's dividend yield is 59% higher. Historically FMNB's dividend yield has averaged at 3.7% in the last 5 years, which is less than the current one.
Farmers National Banc has been paying dividends for the last 25 years. Our records show that FMNB has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3% for the last twelve months. However with the price of the stock up by 12% from a year ago, the dividend yield has decreased by 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 7, 2024 | Mar 29, 2024 | Feb 27, 2024 | $0.17 | normal |
| Dec 8, 2023 | Dec 29, 2023 | Nov 28, 2023 | $0.17 | normal |
| Sep 7, 2023 | Sep 29, 2023 | Aug 22, 2023 | $0.17 | normal |
| Jun 8, 2023 | Jun 30, 2023 | May 23, 2023 | $0.17 | normal |
| Mar 9, 2023 | Mar 31, 2023 | Feb 28, 2023 | $0.17 | normal |
| Dec 8, 2022 | Dec 30, 2022 | Nov 22, 2022 | $0.17 | normal |
| Sep 8, 2022 | Sep 30, 2022 | Aug 23, 2022 | $0.16 | normal |
| Jun 9, 2022 | Jun 30, 2022 | May 24, 2022 | $0.16 | normal |
| Mar 10, 2022 | Mar 31, 2022 | Feb 22, 2022 | $0.16 | normal |
| Dec 9, 2021 | Dec 31, 2021 | Nov 24, 2021 | $0.14 | normal |
| Sep 9, 2021 | Sep 30, 2021 | Aug 24, 2021 | $0.11 | normal |
| Jun 10, 2021 | Jun 30, 2021 | May 25, 2021 | $0.11 | normal |
| Mar 11, 2021 | Mar 31, 2021 | Feb 23, 2021 | $0.11 | normal |
| Dec 10, 2020 | Dec 31, 2020 | Nov 24, 2020 | $0.11 | normal |
| Sep 10, 2020 | Sep 30, 2020 | Aug 25, 2020 | $0.11 | normal |
| Jun 11, 2020 | Jun 30, 2020 | May 26, 2020 | $0.11 | normal |
| Mar 12, 2020 | Mar 31, 2020 | Feb 25, 2020 | $0.11 | normal |
| Dec 12, 2019 | Dec 31, 2019 | Nov 26, 2019 | $0.1 | normal |
| Sep 12, 2019 | Sep 30, 2019 | Aug 15, 2019 | $0.1 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 21, 2019 | $0.09 | normal |
| Mar 7, 2019 | Mar 29, 2019 | Feb 26, 2019 | $0.09 | normal |
| Dec 13, 2018 | Dec 31, 2018 | Nov 27, 2018 | $0.08 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Aug 28, 2018 | $0.08 | normal |
| Jun 7, 2018 | Jun 29, 2018 | May 22, 2018 | $0.07 | normal |
| Mar 8, 2018 | Mar 30, 2018 | Feb 27, 2018 | $0.07 | normal |
| Dec 7, 2017 | Dec 29, 2017 | Nov 28, 2017 | $0.06 | normal |
| Sep 7, 2017 | Sep 29, 2017 | Aug 29, 2017 | $0.06 | normal |
| Jun 7, 2017 | Jun 30, 2017 | May 23, 2017 | $0.05 | normal |
| Mar 8, 2017 | Mar 31, 2017 | Feb 28, 2017 | $0.05 | normal |
| Dec 7, 2016 | Dec 30, 2016 | Nov 22, 2016 | $0.04 | normal |
| Sep 7, 2016 | Sep 30, 2016 | Aug 23, 2016 | $0.04 | normal |
| Jun 8, 2016 | Jun 30, 2016 | May 24, 2016 | $0.04 | normal |
FMNB has a payout ratio of 50.7% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 39.5%, Farmers National Banc's payout ratio is 28% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FMNB Farmers National Banc Corp | 5.38% | $0.68 | 50.7% |
| UBCP United Bancorp Inc | 5.19% | $0.68 | 43% |
| HBAN Huntington Bancshares Inc | 4.55% | $0.62 | 49.2% |
| SBFG Sb Financial Group Inc | 3.82% | $0.53 | 29.9% |
| NBTB Nbt Bancorp Inc | 3.5% | $1.26 | 47.2% |
| PRK Park National Corp | 3.11% | $4.21 | 53.7% |
Yes, Farmers National Banc has paid four dividends in the last twelve months. FMNB has been paying dividends since 1999.
At this point we don't have a record of FMNB's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Farmers National Banc's last dividend ex-date was on Mar 7, 2024. The dividend amount was $0.17 per share.
On an annual basis FMNB pays $0.68 per share.
Farmers National Banc's current dividend yield is 5.38%.
Farmers National Banc pays dividends quarterly.
The dividend payout ratio of Farmers National Banc is 50.7%.
Farmers National Banc's dividend yield is more than the Financial Services sector average.