FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $0.34 PER SHARE
Farmers and Merchants Bancshares has declared a cash dividend of $0.34 per share, payable on December 17, 2024, to stockholders of record on December 3, 2024. This represents a $0.01 increase from the June 2024 dividend. The total 2024 dividend of $0.67 per share yields 4.5% based on the current market value of $14.75 per share and marks the company's 14th consecutive year of dividend increases, up from $0.66 per share in 2023.
Farmers and Merchants Bancshares ha dichiarato un dividendo in contante di $0,34 per azione, che sarà pagato il 17 dicembre 2024, agli azionisti registrati il 3 dicembre 2024. Questo rappresenta un aumento di $0,01 rispetto al dividendo di giugno 2024. Il dividendo totale del 2024 di $0,67 per azione offre un rendimento del 4,5% basato sul valore di mercato attuale di $14,75 per azione e segna il 14° anno consecutivo di aumenti dei dividendi da parte dell'azienda, rispetto a $0,66 per azione nel 2023.
Farmers and Merchants Bancshares ha declarado un dividendo en efectivo de $0.34 por acción, que se pagará el 17 de diciembre de 2024, a los accionistas registrados el 3 de diciembre de 2024. Esto representa un aumento de $0.01 con respecto al dividendo de junio de 2024. El dividendo total de 2024 de $0.67 por acción proporciona un rendimiento del 4.5% basado en el valor de mercado actual de $14.75 por acción y marca el 14º año consecutivo de aumentos en los dividendos de la compañía, subiendo desde $0.66 por acción en 2023.
Farmers and Merchants Bancshares는 $0.34 per share의 현금 배당금을 선언했습니다. 이는 2024년 12월 17일에 지급될 예정이며, 2024년 12월 3일 기준 주주에게 지급됩니다. 이는 2024년 6월 배당금에 비해 $0.01 증가한 수치입니다. 2024년 총 배당금 $0.67 per share 는 현재 주식시장에서 $14.75의 가치 기준으로 4.5%의 수익률을 나타내며, 회사의 배당금 증가가 14년 연속임을 나타내며, 2023년 $0.66에서 상승하였습니다.
Farmers and Merchants Bancshares a déclaré un dividende en espèces de $0,34 par action, payable le 17 décembre 2024, aux actionnaires enregistrés le 3 décembre 2024. Cela représente une augmentation de $0,01 par rapport au dividende de juin 2024. Le dividende total de 2024 de $0,67 par action offre un rendement de 4,5% basé sur la valeur marchande actuelle de $14,75 par action et marque la 14e année consécutive d'augmentation des dividendes de la société, en hausse par rapport à $0,66 par action en 2023.
Farmers and Merchants Bancshares hat eine Bardividende von $0,34 pro Aktie erklärt, die am 17. Dezember 2024 an die am 3. Dezember 2024 eingetragenen Aktionäre ausgezahlt wird. Dies stellt eine Erhöhung um $0,01 im Vergleich zur Dividende vom Juni 2024 dar. Die Gesamtdividende für 2024 von $0,67 pro Aktie ergibt basierend auf dem aktuellen Marktwert von $14,75 pro Aktie eine Rendite von 4,5% und markiert das 14. Jahr in Folge, in dem die Dividenden des Unternehmens erhöht wurden, nach $0,66 pro Aktie im Jahr 2023.
- 14th consecutive year of dividend increases
- 4.5% dividend yield at current market price
- $0.01 increase in semi-annual dividend payment
- Consistent dividend growth pattern maintained
- None.
TOTAL 2024 DIVIDEND OF
HAMPSTEAD, Md., Nov. 19, 2024 (GLOBE NEWSWIRE) -- On November 18, 2024, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend on the common stock of
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About Farmers and Merchants Bancshares, Inc.
The Company is a financial holding company and the parent company of the Bank. The Bank was chartered in Maryland in 1919 and has over 100 years of service to the community. The Bank serves the deposit and financing needs of both consumers and businesses in Carroll and Baltimore Counties along the Route 30, Route 795, Route 140, Route 26, and Route 45 corridors. The main office is located in Upperco, Maryland, with seven additional branches in Owings Mills, Hampstead, Greenmount, Reisterstown, Westminster, Eldersburg, and Towson. Certain broker-dealers make a market in the common stock of Farmers and Merchants Bancshares, Inc., and trades are reported through the OTC Markets Group’s Pink Market under the symbol “FMFG”.
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