Farmers & Merchants Bancorp (FMCB) Increases Cash Dividend for the 58th Consecutive Year
LODI, Calif., May 11, 2023 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), the Board of Directors declared a mid-year cash dividend of $8.30 per share, an increase of 5.7% over the $7.85 per share paid in July of 2022. The cash dividend is payable on July 1, 2023, to shareholders of record on June 9, 2023.
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