Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio.
Farmers National Banc Dividend Announcement
• Farmers National Banc announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-13
• Farmers National Banc annual dividend for 2024 was $0.51
• Farmers National Banc annual dividend for 2023 was $0.68
• Farmers National Banc's trailing twelve-month (TTM) dividend yield is 6.16%
• Farmers National Banc's payout ratio for the trailing twelve months (TTM) is 54.95%
• Farmers National Banc's dividend growth over the last five years (2018-2023) was 17.78% year
• Farmers National Banc's dividend growth over the last ten years (2013-2023) was 18.94% year
Farmers National Banc Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.17 | quarterly | 2024-09-30 |
2024-06-14 | $0.17 | quarterly | 2024-06-28 |
2024-03-07 | $0.17 | quarterly | 2024-03-29 |
2023-12-08 | $0.17 | quarterly | 2023-12-29 |
2023-09-07 | $0.17 | quarterly | 2023-09-29 |
2023-06-08 | $0.17 | quarterly | 2023-06-30 |
2023-03-09 | $0.17 | quarterly | 2023-03-31 |
2022-12-08 | $0.17 | quarterly | 2022-12-30 |
2022-09-08 | $0.16 | quarterly | 2022-09-30 |
2022-06-09 | $0.16 | quarterly | 2022-06-30 |
2022-03-10 | $0.16 | quarterly | 2022-03-31 |
2021-12-09 | $0.14 | quarterly | 2021-12-31 |
2021-09-09 | $0.11 | quarterly | 2021-09-30 |
2021-06-10 | $0.11 | quarterly | 2021-06-30 |
2021-03-11 | $0.11 | quarterly | 2021-03-31 |
2020-12-10 | $0.11 | quarterly | 2020-12-31 |
2020-09-10 | $0.11 | quarterly | 2020-09-30 |
2020-06-11 | $0.11 | quarterly | 2020-06-30 |
2020-03-12 | $0.11 | quarterly | 2020-03-31 |
2019-12-12 | $0.10 | quarterly | 2019-12-31 |
2019-09-12 | $0.10 | quarterly | 2019-09-30 |
2019-06-13 | $0.09 | quarterly | 2019-06-28 |
2019-03-07 | $0.09 | quarterly | 2019-03-29 |
2018-12-13 | $0.08 | quarterly | 2018-12-31 |
2018-09-13 | $0.08 | quarterly | 2018-09-28 |
2018-06-07 | $0.07 | quarterly | 2018-06-29 |
2018-03-08 | $0.07 | quarterly | 2018-03-30 |
2017-12-07 | $0.06 | quarterly | 2017-12-29 |
2017-09-07 | $0.06 | quarterly | 2017-09-29 |
2017-06-07 | $0.05 | quarterly | 2017-06-30 |
2017-03-08 | $0.05 | quarterly | 2017-03-31 |
2016-12-07 | $0.04 | quarterly | 2016-12-30 |
2016-09-07 | $0.04 | quarterly | 2016-09-30 |
2016-06-08 | $0.04 | quarterly | 2016-06-30 |
2016-03-09 | $0.04 | quarterly | 2016-03-31 |
2015-12-09 | $0.03 | quarterly | 2015-12-31 |
2015-09-09 | $0.03 | quarterly | 2015-09-30 |
2015-06-10 | $0.03 | quarterly | 2015-06-30 |
2015-03-11 | $0.03 | quarterly | 2015-03-31 |
2014-12-10 | $0.03 | quarterly | 2014-12-31 |
2014-09-10 | $0.03 | quarterly | 2014-09-30 |
2014-06-11 | $0.03 | quarterly | 2014-06-30 |
2014-03-12 | $0.03 | quarterly | 2014-03-31 |
2013-12-11 | $0.03 | quarterly | 2013-12-31 |
2013-09-11 | $0.03 | quarterly | 2013-09-30 |
2013-06-12 | $0.03 | quarterly | 2013-06-28 |
2013-03-13 | $0.03 | quarterly | 2013-03-29 |
Farmers National Banc Dividend per year
Farmers National Banc Dividend growth
Farmers National Banc Dividend Yield
Farmers National Banc current trailing twelve-month (TTM) dividend yield is 6.16%. Interested in purchasing Farmers National Banc stock? Use our calculator to estimate your expected dividend yield:
Farmers National Banc Financial Ratios
Farmers National Banc Dividend FAQ
Other factors to consider when evaluating Farmers National Banc 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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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.
1. Determination of Dividend: Farmers National Banc'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 National Banc 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 National Banc 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 National Banc 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 National Banc 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 National Banc 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 National Banc 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 National Banc'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 National Banc'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.