Dividend Raised by 0.125 Cents to 22.125 Cents a Share
- Farmers & Merchants Bancorp raises quarterly cash dividend
- Dividend increased by 0.125 cents to 22.125 cents a share
- Annual yield of approximately 3.2% based on current share price
- Payout date set for October 20th
The board of Farmers & Merchants Bancorp, the holding company for F&M Bank in Archbold, Ohio, has announced an increase in its quarterly cash dividend by 0.125 cents per share, bringing it to 22.125 cents a share. This equates to an annual yield of approximately 3.2% based on the current share price of $27.44. Shareholders of record as of October 4th will receive the payout on October 20th.
Factuality Level: 10
Factuality Justification: The article provides accurate and concise information about a specific event (the increase in quarterly cash dividend) without any unnecessary details or personal opinions.
Noise Level: 8
Noise Justification: The article provides relevant financial information about a company’s decision to raise its quarterly cash dividend and the impact on shareholders, offering useful data for investors.
Public Companies: Farmers & Merchants Bancorp (FMBN)
Key People: Connor Hart (Author)
Financial Relevance: Yes
Financial Markets Impacted: The decision to raise the quarterly cash dividend by Farmers & Merchants Bancorp impacts the bank’s shareholders and potentially its stock price in financial markets.
Financial Rating Justification: This article discusses a change in the dividend payout of a banking company, which is related to finance and can have an impact on the company’s stock value and investor decisions.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Move Size: No market move size mentioned.
Sector: Finance
Direction: Up
Magnitude: Small
Affected Instruments: Stocks
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