Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Increases Dividend to $0.34 Per Share

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) declared a dividend on Tuesday, November 19th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 3rd will be given a dividend of 0.34 per share on Tuesday, December 17th. The ex-dividend date of this dividend is Tuesday, December 3rd. This is a positive change from Farmers and Merchants Bancshares’s previous dividend of $0.33.

Farmers and Merchants Bancshares Price Performance

Shares of FMFG opened at $14.51 on Thursday. The business’s 50 day moving average is $15.51 and its 200 day moving average is $15.43. Farmers and Merchants Bancshares has a 12-month low of $12.51 and a 12-month high of $18.00.

Farmers and Merchants Bancshares Company Profile

Farmers and Merchants Bancshares, Inc operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.