F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides commercial banking services in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, checking accounts, money market accounts, internet and mobile banking services, and drive-in banking services. It also provides construction loans, including residential, and land acquisition and development loans; commercial real estate loans; business loans; consumer loans, such as personal loans and lines of credit, automobile loans, deposit account loans, installment and demand loans, and home equity loans; residential mortgage loans; credit cards; dealer finance; farmland loans; multi-family loans; and commercial and industrial loans. In addition, the company offers brokerage services; and life, and commercial and personal insurance products, as well as safe deposit boxes. Further, it originates conventional and government sponsored mortgages; and title insurance and real estate settlement services. As of December 31, 2021, the company operated thirteen banking offices in Rockingham, Shenandoah, Page, and Augusta counties; and a loan production office located in Penn Laird. F & M Bank Corp. was founded in 1908 and is headquartered in Timberville, Virginia.
F & M Bank Dividend Announcement
• F & M Bank announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-14
• F & M Bank annual dividend for 2024 was $1.04
• F & M Bank annual dividend for 2023 was $1.04
• F & M Bank's trailing twelve-month (TTM) dividend yield is 5.14%
• F & M Bank's payout ratio for the trailing twelve months (TTM) is 66.38%
• F & M Bank's dividend growth over the last five years (2018-2023) was -6.43% year
• F & M Bank's dividend growth over the last ten years (2013-2023) was 4.34% year
F & M Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.26 | quarterly | 2024-11-29 |
2024-08-14 | $0.26 | quarterly | 2024-08-29 |
2024-05-14 | $0.26 | quarterly | 2024-05-30 |
2024-02-13 | $0.26 | quarterly | 2024-02-29 |
2023-11-13 | $0.26 | quarterly | 2023-11-29 |
2023-08-11 | $0.26 | quarterly | 2023-08-29 |
2023-05-12 | $0.26 | quarterly | 2023-05-30 |
2023-02-13 | $0.26 | quarterly | 2023-03-01 |
2022-11-10 | $0.26 | quarterly | 2022-11-29 |
2022-08-11 | $0.26 | quarterly | 2022-08-29 |
2022-05-12 | $0.26 | quarterly | 2022-05-30 |
2022-02-11 | $0.26 | quarterly | 2022-03-01 |
2021-11-10 | $0.26 | quarterly | 2021-11-29 |
2021-08-12 | $0.26 | quarterly | 2021-08-30 |
2021-05-13 | $0.26 | quarterly | 2021-05-31 |
2021-02-11 | $0.26 | quarterly | 2021-03-01 |
2020-11-12 | $0.26 | quarterly | 2020-11-30 |
2020-08-13 | $0.26 | quarterly | 2020-08-31 |
2020-05-14 | $0.26 | quarterly | 2020-06-01 |
2020-02-13 | $0.26 | quarterly | 2020-03-02 |
2019-10-31 | $0.26 | quarterly | 2019-11-15 |
2019-08-01 | $0.25 | quarterly | 2019-08-16 |
2019-04-30 | $0.25 | quarterly | 2019-05-15 |
2019-01-31 | $0.25 | quarterly | 2019-02-15 |
2018-10-31 | $0.25 | quarterly | 2018-11-15 |
2018-08-01 | $0.25 | quarterly | 2018-08-16 |
2018-05-03 | $0.25 | quarterly | 2018-05-15 |
2018-04-30 | $0.25 | quarterly | |
2018-02-27 | $0.20 | quarterly | 2018-03-14 |
2018-01-31 | $0.25 | quarterly | 2018-02-15 |
2017-11-01 | $0.24 | quarterly | 2017-11-16 |
2017-08-01 | $0.23 | quarterly | 2017-08-17 |
2017-04-27 | $0.22 | quarterly | 2017-05-15 |
2017-01-31 | $0.22 | quarterly | 2017-02-16 |
2016-11-01 | $0.22 | quarterly | |
2016-08-02 | $0.20 | quarterly | |
2016-04-29 | $0.19 | quarterly | |
2016-02-02 | $0.19 | quarterly | |
2015-11-02 | $0.19 | quarterly | |
2015-07-31 | $0.18 | quarterly | |
2015-04-28 | $0.18 | quarterly | |
2015-02-03 | $0.18 | quarterly | |
2014-10-29 | $0.17 | quarterly | |
2014-07-25 | $0.17 | quarterly | |
2014-04-28 | $0.17 | quarterly | |
2014-01-27 | $0.17 | quarterly | |
2013-10-30 | $0.17 | quarterly | |
2013-07-26 | $0.17 | quarterly | |
2013-05-01 | $0.17 | quarterly | |
2013-01-25 | $0.17 | quarterly |
F & M Bank Dividend per year
F & M Bank Dividend growth
F & M Bank Dividend Yield
F & M Bank current trailing twelve-month (TTM) dividend yield is 5.14%. Interested in purchasing F & M Bank stock? Use our calculator to estimate your expected dividend yield:
F & M Bank Financial Ratios
F & M Bank Dividend FAQ
Other factors to consider when evaluating F & M Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: F & M Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, F & M Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, F & M Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from F & M Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: F & M Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, F & M Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: F & M Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of F & M Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review F & M Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.