Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses. It offers checking, savings, Christmas club savings, health savings, money market, and investment accounts; demand and time deposits; certificates of deposit; and retirement plans. The company also provides personal, home, small business administration, commercial real estate, real estate and construction, and commercial business loans, as well as lines of credit; financing for residential loans comprising single-family and multifamily loans; and credit, debit, and gift cards. In addition, it offers account management, receivables and payables, and risk management services; and merchant, electronic lockbox, mobile and remote deposit capture, digital wallet, direct deposit, escrow, faith-based and healthcare banking, and other services, as well as online and mobile banking services. As of December 31, 2021, the company operated 25 branches in Los Angeles, Orange, and Santa Barbara Counties. Farmers & Merchants Bank of Long Beach was incorporated in 1907 and is headquartered in Long Beach, California.
Farmers & Merchants Bank of Long Beach Dividend Announcement
• Farmers & Merchants Bank of Long Beach announced a quarterly dividend of $28.00 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-13
• Farmers & Merchants Bank of Long Beach annual dividend for 2024 was $84.00
• Farmers & Merchants Bank of Long Beach annual dividend for 2023 was $127.00
• Farmers & Merchants Bank of Long Beach's trailing twelve-month (TTM) dividend yield is 2.82%
• Farmers & Merchants Bank of Long Beach's dividend growth over the last five years (2018-2023) was 0.97% year
• Farmers & Merchants Bank of Long Beach's dividend growth over the last ten years (2013-2023) was 1.09% year
Farmers & Merchants Bank of Long Beach Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $28.00 | quarterly | 2024-09-30 |
2024-06-14 | $28.00 | quarterly | 2024-06-28 |
2024-03-14 | $28.00 | quarterly | 2024-03-29 |
2023-11-29 | $43.00 | quarterly | 2023-12-15 |
2023-09-14 | $28.00 | quarterly | 2023-09-29 |
2023-06-14 | $28.00 | quarterly | 2023-06-30 |
2023-03-14 | $28.00 | quarterly | 2023-03-31 |
2022-11-29 | $43.00 | quarterly | 2022-12-15 |
2022-09-14 | $28.00 | quarterly | 2022-09-30 |
2022-06-14 | $28.00 | quarterly | 2022-06-30 |
2022-03-14 | $28.00 | quarterly | 2022-03-31 |
2021-11-29 | $42.00 | quarterly | 2021-12-15 |
2021-09-14 | $27.00 | quarterly | 2021-09-30 |
2021-06-14 | $27.00 | quarterly | 2021-06-30 |
2021-03-12 | $27.00 | quarterly | 2021-03-31 |
2020-11-27 | $42.00 | quarterly | 2020-12-15 |
2020-09-14 | $27.00 | quarterly | 2020-09-30 |
2020-06-12 | $27.00 | quarterly | 2020-06-30 |
2020-03-13 | $27.00 | quarterly | 2020-03-31 |
2019-11-27 | $42.00 | quarterly | 2019-12-13 |
2019-09-12 | $27.00 | quarterly | 2019-09-27 |
2019-06-13 | $27.00 | quarterly | 2019-06-28 |
2019-03-14 | $27.00 | quarterly | 2019-03-29 |
2018-11-29 | $52.00 | quarterly | 2018-12-14 |
2018-09-13 | $23.00 | quarterly | 2018-09-28 |
2018-06-14 | $23.00 | quarterly | 2018-06-29 |
2018-03-14 | $23.00 | quarterly | 2018-03-30 |
2017-11-30 | $50.00 | quarterly | 2017-12-15 |
2017-09-14 | $23.00 | quarterly | 2017-09-29 |
2017-06-13 | $23.00 | quarterly | 2017-06-30 |
2017-03-13 | $23.00 | quarterly | 2017-03-31 |
2016-11-29 | $50.00 | quarterly | 2016-12-15 |
2016-09-13 | $23.00 | quarterly | 2016-09-30 |
2016-06-13 | $23.00 | quarterly | 2016-06-30 |
2016-03-11 | $23.00 | quarterly | 2016-03-31 |
2015-11-27 | $53.00 | quarterly | 2015-12-15 |
2015-09-11 | $22.00 | quarterly | 2015-09-30 |
2015-06-11 | $22.00 | quarterly | 2015-06-30 |
2015-03-11 | $22.00 | quarterly | 2015-03-31 |
2014-11-26 | $48.00 | quarterly | 2014-12-15 |
2014-09-11 | $22.00 | quarterly | 2014-09-30 |
2014-06-11 | $22.00 | quarterly | 2014-06-30 |
2014-03-12 | $22.00 | quarterly | 2014-03-31 |
2013-11-26 | $48.00 | quarterly | 2013-12-13 |
2013-09-12 | $22.00 | quarterly | 2013-09-30 |
2013-06-12 | $22.00 | quarterly | 2013-06-28 |
2013-03-13 | $22.00 | quarterly | 2013-03-29 |
Farmers & Merchants Bank of Long Beach Dividend per year
Farmers & Merchants Bank of Long Beach Dividend growth
Farmers & Merchants Bank of Long Beach Dividend Yield
Farmers & Merchants Bank of Long Beach current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing Farmers & Merchants Bank of Long Beach stock? Use our calculator to estimate your expected dividend yield:
Farmers & Merchants Bank of Long Beach Financial Ratios
Farmers & Merchants Bank of Long Beach Dividend FAQ
Other factors to consider when evaluating Farmers & Merchants Bank of Long Beach 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: Farmers & Merchants Bank of Long Beach'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 Bank of Long Beach 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 Bank of Long Beach 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 Bank of Long Beach 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: Farmers & Merchants Bank of Long Beach 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 Bank of Long Beach 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 Bank of Long Beach 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 Farmers & Merchants Bank of Long Beach'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 Bank of Long Beach'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.