Does FMAO pay a dividend?

Yes. Farmers & Merchants Bancorp, Inc. pays a quarterly dividend, currently yielding 2.64% based on trailing twelve-month payments of $0.92 per share.

How much does FMAO pay in dividends?

$0.92 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next FMAO ex-dividend date?

The next ex-dividend date on record is October 9, 2026, with payment on October 20, 2026. You must own the shares before the ex-dividend date to receive that payment.

FMAO Dividend

Farmers & Merchants Bancorp, Inc.

NASDAQFinancial ServicesStockData as of August 12, 2026

Dividend yield: 2.64%
Annual dividend: $0.92
Payout ratio: 0.31
Frequency: Quarterly
Share price: $34.91
Market cap: $481M

Next payment

Ex-dividend date: October 9, 2026Pay date: October 20, 2026Amount: $0.2500

You must own the shares before the ex-dividend date to receive this payment.

Is FMAO a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median2.64% against a median of 2.88%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.31 means roughly 31% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut 4 timesAcross 28 complete years, the annual total fell in 2004, 2007, 2022 and earlier. The most recent reduction was in 2022.
Raised for 3 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

FMAO dividend history

Annual dividend per share, 1997 to 2025.

Peak $0.7000 in 2021Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for FMAO, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 10, 2026	July 20, 2026	$0.2300	Quarterly
April 2, 2026	April 20, 2026	$0.2300	Quarterly
December 29, 2025	January 20, 2026	$0.2300	Irregular
October 10, 2025	October 20, 2025	$0.2275	Quarterly
July 7, 2025	July 20, 2025	$0.2213	Quarterly
April 4, 2025	April 20, 2025	$0.2213	Quarterly
December 27, 2024	January 20, 2025	$0.2213	Irregular
October 4, 2024	October 20, 2024	$0.2213	Quarterly
July 5, 2024	July 20, 2024	$0.2200	Quarterly
March 27, 2024	April 20, 2024	$0.2200	Quarterly
December 28, 2023	January 20, 2024	$0.2200	Irregular
October 5, 2023	October 20, 2023	$0.2100	Quarterly
July 6, 2023	July 20, 2023	$0.2100	Quarterly
March 30, 2023	April 20, 2023	$0.2100	Quarterly
December 29, 2022	January 20, 2023	$0.2100	Quarterly
September 23, 2022	October 20, 2022	$0.2100	Semi-Annual
July 7, 2022	July 20, 2022	$0.2030	Special
March 31, 2022	April 20, 2022	$0.1900	Quarterly
December 27, 2021	January 20, 2022	$0.1900	Quarterly
September 27, 2021	October 20, 2021	$0.1800	Quarterly
June 25, 2021	July 20, 2021	$0.1700	Quarterly
March 30, 2021	April 20, 2021	$0.1700	Quarterly
December 28, 2020	January 20, 2021	$0.1700	Quarterly
September 28, 2020	October 20, 2020	$0.1700	Quarterly
June 26, 2020	July 20, 2020	$0.1600	Quarterly
March 30, 2020	April 20, 2020	$0.1600	Quarterly
December 30, 2019	January 20, 2020	$0.1600	Quarterly
September 30, 2019	October 20, 2019	$0.1500	Quarterly
June 14, 2019	July 20, 2019	$0.1500	Quarterly
March 25, 2019	April 20, 2019	$0.1500	Quarterly
December 28, 2018	January 20, 2019	$0.1500	Quarterly
October 1, 2018	October 20, 2018	$0.1400	Quarterly
June 25, 2018	July 20, 2018	$0.1400	Quarterly
March 26, 2018	April 20, 2018	$0.1300	Quarterly
December 22, 2017	January 20, 2018	$0.1300	Quarterly
September 25, 2017	October 20, 2017	$0.1300	Quarterly
June 22, 2017	July 20, 2017	$0.2500	Quarterly
March 24, 2017	April 20, 2017	$0.2300	Quarterly
December 22, 2016	January 20, 2017	$0.2300	Quarterly
September 23, 2016	October 20, 2016	$0.2300	Quarterly

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Frequently asked questions

Does FMAO pay a dividend?: Yes. Farmers & Merchants Bancorp, Inc. pays a quarterly dividend, currently yielding 2.64% based on trailing twelve-month payments of $0.92 per share.
How much does FMAO pay in dividends?: $0.92 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next FMAO ex-dividend date?: The next ex-dividend date on record is October 9, 2026, with payment on October 20, 2026. You must own the shares before the ex-dividend date to receive that payment.