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Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, remote deposit capture or electronic deposit processing, and merchant credit card services. It also offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.

Farmers & Merchants Bancorp Dividend Announcement

Farmers & Merchants Bancorp announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-10-04
Farmers & Merchants Bancorp annual dividend for 2024 was $0.66
Farmers & Merchants Bancorp annual dividend for 2023 was $0.85
Farmers & Merchants Bancorp's trailing twelve-month (TTM) dividend yield is 3.17%
Farmers & Merchants Bancorp's payout ratio for the trailing twelve months (TTM) is 50.31%
Farmers & Merchants Bancorp's dividend growth over the last five years (2018-2023) was 8.70% year
Farmers & Merchants Bancorp's dividend growth over the last ten years (2013-2023) was 0.48% year

Farmers & Merchants Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-04$0.22quarterly2024-10-20
2024-07-05$0.22quarterly2024-07-20
2024-03-27$0.22quarterly2024-04-20
2023-12-28$0.22quarterly2024-01-20
2023-10-05$0.21quarterly2023-10-20
2023-07-06$0.21quarterly2023-07-20
2023-03-30$0.21quarterly2023-04-20
2022-12-29$0.21quarterly2023-01-20
2022-09-23$0.21quarterly2022-10-20
2022-07-07$0.20quarterly2022-07-20
2022-03-31$0.19quarterly2022-04-20
2021-12-27$0.19quarterly2022-01-20
2021-09-27$0.18quarterly2021-10-20
2021-06-25$0.17quarterly2021-07-20
2021-03-30$0.17quarterly2021-04-20
2020-12-28$0.17quarterly2021-01-20
2020-09-28$0.17quarterly2020-10-20
2020-06-26$0.16quarterly2020-07-20
2020-03-30$0.16quarterly2020-04-20
2019-12-30$0.16quarterly2020-01-20
2019-09-30$0.15quarterly2019-10-20
2019-06-14$0.15quarterly2019-07-20
2019-03-25$0.15quarterly2019-04-20
2018-12-28$0.15quarterly2019-01-20
2018-10-01$0.14quarterly2018-10-20
2018-06-25$0.14quarterly2018-07-20
2018-03-26$0.13quarterly2018-04-20
2017-12-22$0.13quarterly2018-01-20
2017-09-25$0.13quarterly2017-10-20
2017-06-22$0.25quarterly2017-07-20
2017-03-24$0.23quarterly2017-04-20
2016-12-22$0.23quarterly2017-01-20
2016-09-23$0.23quarterly2016-10-20
2016-06-24$0.23quarterly2016-07-20
2016-03-24$0.22quarterly2016-04-20
2015-09-25$0.22quarterly2015-10-20
2015-06-26$0.22quarterly2015-07-20
2015-03-27$0.21quarterly2015-04-20
2014-12-29$0.21quarterly2015-01-20
2014-09-29$0.21quarterly2014-10-20
2014-06-27$0.21quarterly2014-07-20
2014-03-28$0.21quarterly2014-04-20
2013-12-27$0.21quarterly2014-01-20
2013-09-27$0.20quarterly2013-10-20
2013-06-28$0.20quarterly2013-07-20
2013-03-26$0.20quarterly2013-04-20

Farmers & Merchants Bancorp Dividend per year

Farmers & Merchants Bancorp Dividend growth

Farmers & Merchants Bancorp Dividend Yield

Farmers & Merchants Bancorp current trailing twelve-month (TTM) dividend yield is 3.17%. Interested in purchasing Farmers & Merchants Bancorp stock? Use our calculator to estimate your expected dividend yield:

Farmers & Merchants Bancorp Financial Ratios

P/E ratio16.27
PEG ratio-173.96
P/B ratio1.12
ROE7.15%
Payout ratio50.31%
Current ratio0.47
Quick ratio0.47
Cash Ratio0.18

Farmers & Merchants Bancorp Dividend FAQ

How much is the next Farmers & Merchants Bancorp dividend?
Farmers & Merchants Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Farmers & Merchants Bancorp dividend. The next Farmers & Merchants Bancorp dividend will be released in March, July, October, or December.
When is Farmers & Merchants Bancorp dividend paid?
Farmers & Merchants Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, July, October, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Farmers & Merchants Bancorp pay?
The specific amount of Farmers & Merchants Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Farmers & Merchants Bancorp's dividend history.
Does Farmers & Merchants Bancorp stock pay dividends?
Yes, Farmers & Merchants Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Farmers & Merchants Bancorp's dividend history.
How much dividend does Farmers & Merchants Bancorp pay?
Farmers & Merchants Bancorp paid $0.661 in 2024, $0.85 in 2023, $0.813 in 2022, $0.71 in 2021, and $0.66 in 2020.
How often does Farmers & Merchants Bancorp pay dividends?
Farmers & Merchants Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, July, October, and December.
What is Farmers & Merchants Bancorp's dividend yield?
The current dividend yield for Farmers & Merchants Bancorp is 3.17%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Farmers & Merchants Bancorp's exact dividend yield.
When does Farmers & Merchants Bancorp go ex dividend?
Farmers & Merchants Bancorp's ex-dividend date for the latest dividend was on 2024-10-04. Farmers & Merchants Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Farmers & Merchants Bancorp dividend paid?
Farmers & Merchants Bancorp pays dividends on a quarterly basis, typically around March, July, October, or December, but the exact dates can vary each year.
Will Farmers & Merchants Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Farmers & Merchants Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Farmers & Merchants Bancorp dividend per share?
Farmers & Merchants Bancorp paid $0.661 per share in 2024 and $0.85 per share in 2023. The amount of dividend per share that Farmers & Merchants Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Farmers & Merchants Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Farmers & Merchants Bancorp a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Farmers & Merchants Bancorp a dividend stock?
Yes, Farmers & Merchants Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Farmers & Merchants Bancorp a good dividend stock?
Whether Farmers & Merchants Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Farmers & Merchants Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Farmers & Merchants Bancorp 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.
Does Farmers & Merchants Bancorp pay dividends monthly?
Farmers & Merchants Bancorp typically pays dividends on a quarterly basis.
Does Farmers & Merchants Bancorp pay dividends quarterly?
Farmers & Merchants Bancorp currently pays dividends on a quarterly basis.
Has Farmers & Merchants Bancorp ever paid a dividend?
Yes, Farmers & Merchants Bancorp has a history of paying dividends to its shareholders. Farmers & Merchants Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Farmers & Merchants Bancorp dividend stocks?
To buy Farmers & Merchants Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Farmers & Merchants Bancorp stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Farmers & Merchants Bancorp pay dividends 2024?
Farmers & Merchants Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Farmers & Merchants Bancorp increase its dividend in 2024?
Decisions regarding Farmers & Merchants Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Farmers & Merchants Bancorp dividend overview you can look into the above table of dividend history.
How Farmers & Merchants Bancorp dividend works?
The Farmers & Merchants Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Farmers & Merchants Bancorp's dividend process works:

1. Determination of Dividend: Farmers & Merchants Bancorp'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, Farmers & Merchants Bancorp 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, Farmers & Merchants Bancorp 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 Farmers & Merchants Bancorp 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.
How are Farmers & Merchants Bancorp dividends paid?
Farmers & Merchants Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Farmers & Merchants Bancorp 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, Farmers & Merchants Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Farmers & Merchants Bancorp 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.
How many times does Farmers & Merchants Bancorp pay dividends?
Farmers & Merchants Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Farmers & Merchants Bancorp pay dividends?
The general pattern is that Farmers & Merchants Bancorp pays dividends around March, July, October, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Farmers & Merchants Bancorp dividend safe?
The safety of Farmers & Merchants Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Farmers & Merchants Bancorp'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 Farmers & Merchants Bancorp'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.