Farmers & Merchants Bancorp Boosts Quarterly Dividend by 2.8%

Dow Jones10-01

By Kelly Cloonan

Farmers & Merchants Bancorp said it has raised its quarterly dividend 2.8% to about 23 cents a share, from 22 cents.

The new payout, equal to 91 cents a year, represents an annual yield of about 3.6% based on Tuesday's closing price of $25.01.

The bank holding company said the move marks 31 consecutive annual increases to its regular dividend payment.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

September 30, 2025 17:04 ET (21:04 GMT)

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