Farmers & Merchants Bancorp (FMCB) dividend history
FMCBOTCNational Commercial BanksFiscal year ends December 31
$1438.88−6.44 (-0.45%)
Close on Oct 19, 2026Market cap $981.93MP/E 10.1Yield 1.34%
Dividends
Dividend declared per share by fiscal year, adjusted for stock splits
Per share, FY2025
$19.35
+6.9% on the prior year
Consecutive increases
15 years
Every year since FY2010
Dividend yield
1.34%
Latest annual dividend ÷ share price
Payout ratio, FY2025
14.8%
Dividends paid ÷ net income
Dividend payments
Every dividend Farmers & Merchants Bancorp has paid, newest first. Shares held at the close of the last day with dividend receive it; shares bought on the ex-dividend date or later do not.
| Ex-dividend | Last day to buy | Record | Payable | Declared | Per share | Source |
|---|---|---|---|---|---|---|
| Sep 11, 2026 | Sep 10, 2026 | Sep 11, 2026 | Oct 1, 2026 | Aug 11, 2026 | $5.60 | Release |
| Jun 12, 2026 | Jun 11, 2026 | Jun 12, 2026 | Jul 1, 2026 | May 11, 2026 | $5.35 | Release |
| Mar 11, 2026 | Mar 10, 2026 | Mar 11, 2026 | Apr 1, 2026 | Feb 10, 2026 | $5.10 | Release |
| Dec 4, 2025 | Dec 3, 2025 | Dec 4, 2025 | Jan 2, 2026 | Nov 12, 2025 | $5.05 | Release |
| Sep 11, 2025 | Sep 10, 2025 | Sep 11, 2025 | Oct 1, 2025 | Aug 12, 2025 | $5.00 | Release |
| Jun 10, 2025 | Jun 9, 2025 | Jun 10, 2025 | Jul 1, 2025 | May 12, 2025 | $9.30 | Release |
| Dec 4, 2024 | Dec 3, 2024 | Dec 4, 2024 | Jan 2, 2025 | Nov 13, 2024 | $9.30 | Release |
| Jun 11, 2024 | Jun 10, 2024 | Jun 11, 2024 | Jul 1, 2024 | May 15, 2024 | $8.80 | Release |
| Dec 5, 2023 | Dec 4, 2023 | Dec 6, 2023 | Jan 2, 2024 | Nov 14, 2023 | $8.80 | Release |
| Jun 8, 2023 | Jun 7, 2023 | Jun 9, 2023 | Jul 1, 2023 | May 11, 2023 | $8.30 | Release |
| Dec 6, 2022 | Dec 5, 2022 | Dec 7, 2022 | Jan 3, 2023 | Nov 10, 2022 | $8.30 | 10-K |
| Jun 9, 2022 | Jun 8, 2022 | Jun 10, 2022 | Jul 1, 2022 | May 16, 2022 | $7.85 | Release |
| Dec 8, 2021 | Dec 7, 2021 | Dec 9, 2021 | Jan 3, 2022 | Nov 9, 2021 | $7.80 | 10-K |
| Jun 10, 2021 | Jun 9, 2021 | Jun 11, 2021 | Jul 1, 2021 | May 13, 2021 | $7.50 | Release |
| Dec 8, 2020 | Dec 7, 2020 | Dec 9, 2020 | Jan 2, 2021 | Nov 10, 2020 | $7.50 | 10-K |
| Jun 11, 2020 | Jun 10, 2020 | Jun 12, 2020 | Jul 1, 2020 | May 12, 2020 | $7.25 | Release |
| Dec 5, 2019 | Dec 4, 2019 | Dec 6, 2019 | Jan 2, 2020 | Nov 12, 2019 | $7.15 | 10-K |
| Jun 13, 2019 | Jun 12, 2019 | Jun 14, 2019 | Jul 1, 2019 | May 14, 2019 | $7.05 | 10-Q |
| Nov 30, 2018 | Nov 29, 2018 | Dec 3, 2018 | Jan 2, 2019 | Nov 6, 2018 | $7.00 | 10-K |
| Jun 7, 2018 | Jun 6, 2018 | Jun 8, 2018 | Jul 2, 2018 | May 8, 2018 | $6.90 | 10-Q |
Per share as declared at the time. Source document: the dividend announcement filed with the SEC (press release or 8-K) where one exists, otherwise the quarterly or annual report covering the declaration.
By fiscal year
Dividend per share, cash paid and payout ratio from annual filings
| Fiscal year | Per share | Change | Cash paid | Payout ratio |
|---|---|---|---|---|
| FY2025 | $19.35 | +6.9% | $13.84M | 14.8% |
| FY2024 | $18.10 | +5.8% | $13.02M | 14.7% |
| FY2023 | $17.10 | +5.9% | $12.89M | 14.6% |
| FY2022 | $16.15 | +5.6% | $12.49M | 16.6% |
| FY2021 | $15.30 | +3.7% | $12.08M | 18.2% |
| FY2020 | $14.75 | +3.9% | $11.70M | 19.9% |
| FY2019 | $14.20 | +2.2% | $11.22M | 20.0% |
| FY2018 | $13.90 | +2.6% | $11.15M | 24.5% |
| FY2017 | $13.55 | +3.4% | $10.98M | 38.7% |
| FY2016 | $13.10 | +1.6% | $10.48M | 35.3% |
| FY2015 | $12.90 | +1.6% | $10.16M | 37.1% |
| FY2014 | $12.70 | +1.6% | $9.92M | 39.0% |
| FY2013 | $12.50 | +3.3% | $9.72M | 40.4% |
| FY2012 | $12.10 | +3.0% | $9.42M | 40.3% |
| FY2011 | $11.75 | +3.5% | $9.16M | 41.2% |
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