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Farmers and Merchants Bancshares Inc (FMFG)
OTHER OTC:FMFG
Holding FMFG?
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Dividend Data
Last Ex-Dividend Date
Jun 03, 2024Payment date
Jun 21, 2024
Jun 21, 2024
Dividend Amount Per Share
$0.33Semiannually
Dividend Yield
4.31%Sector: Financial
Sector Average: 2.114%
Sector Average: 2.114%
Payout Ratio
39.90%Dividend Growth
Over 15 years Since 2009
Last 3 Months
FMFG Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
| Jun 03, 2024 | Jun 03, 2024 | Jun 21, 2024 | Semi Annually | May 20, 2024 | $0.33 |
| Nov 30, 2023 | Dec 01, 2023 | Dec 15, 2023 | Semi Annually | Nov 21, 2023 | $0.33 |
| Jun 01, 2023 | Jun 02, 2023 | Jun 23, 2023 | Semi Annually | May 19, 2023 | $0.33 |
| Dec 01, 2022 | Dec 02, 2022 | Dec 16, 2022 | Semi Annually | Nov 21, 2022 | $0.32 |
| Jun 02, 2022 | Jun 03, 2022 | Jun 24, 2022 | Semi Annually | May 16, 2022 | $0.31 |
| Dec 02, 2021 | Dec 03, 2021 | Dec 17, 2021 | Semi Annually | Nov 15, 2021 | $0.29 |
| Jun 03, 2021 | Jun 04, 2021 | Jun 25, 2021 | Semi Annually | May 17, 2021 | $0.28 |
| Dec 03, 2020 | Dec 04, 2020 | Dec 18, 2020 | Semi Annually | Nov 15, 2020 | $0.26 |
| Jun 04, 2020 | Jun 05, 2020 | Jun 26, 2020 | Semi Annually | May 17, 2020 | $0.26 |
| Dec 05, 2019 | Dec 06, 2019 | Dec 20, 2019 | Semi Annually | Nov 19, 2019 | $0.26 |
FAQ
Does Farmers and Merchants Bancshares Inc pay dividends?
Yes, FMFG has paid a dividend within the past 12 months.
How much is Farmers and Merchants Bancshares Inc's dividend?
FMFG pays a dividend of $0.33 per share. FMFG's annual dividend yield is 4.31%.
When is Farmers and Merchants Bancshares Inc ex-dividend date?
Farmers and Merchants Bancshares's previous ex-dividend date was on Jun 03, 2024. Farmers and Merchants Bancshares shareholders who own FMFG stock before this date received Farmers and Merchants Bancshares's last dividend payment of $0.33 per share on Jun 21, 2024. FMFG's next ex-dividend date has not been announced yet.
When is Farmers and Merchants Bancshares Inc dividend payment date?
Farmers and Merchants Bancshares’s next quarterly payment date is on Jun 21, 2024, when Farmers and Merchants Bancshares shareholders who owned FMFG shares before Jun 03, 2024 received a dividend payment of $0.33 per share. Add FMFG to your watchlist to be reminded of FMFG's next dividend payment.
Does Farmers and Merchants Bancshares Inc have sufficient earnings to cover their dividend?
Yes, FMFG's past year earnings per share was $1.65, and their annual dividend per share is $0.66. FMFG's dividend payout ratio is 39.90% ($0.66/$1.65) which is sustainable.