FMAO vs V: Which Is the Better Dividend Stock?
As of Oct 15, 2026, FMAO and V are closely matched. FMAO offers the higher yield at 2.75%, FMAO has the higher dividend-safety score, and FMAO looks like the better value (its fair-value estimate is 40% above its share price).
Key facts: FMAO vs V
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Farmers & Merchants Bancorp, Inc. (FMAO) has the higher forward dividend yield at 2.75%, versus 0.68% for Visa Inc. (V).
- As of Oct 15, 2026, SmarterDividends grades FMAO's dividend safety A (95/100) and V's A (93/100).
- By SmarterDividends' count as of Oct 15, 2026, FMAO has raised its dividend for 19 consecutive years and V for 17.
- As of Oct 15, 2026, FMAO pays out 24% of its earnings as dividends and V pays out 22%.
- As of Oct 15, 2026, FMAO's fair-value estimate is 40% above its share price and V's fair-value estimate is 19% below its share price, so FMAO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FMAO vs V: Dividend Yield, Safety & Value Compared," updated Oct 15, 2026, https://smarterdividends.com/compare/fmao-vs-v
| Metric | FMAO | V |
|---|---|---|
| Forward yield | 2.75% | 0.68% |
| Annual dividend | $0.92 | $2.68 |
| Payout ratio | 24% | 22% |
| Years of growth | 19 yr | 17 yr |
| 5-yr dividend growth | 6.4% | 14.9% |
| 5-yr total return | 36% | 82% |
| Dividend safety score | 95 (A) | 93 (A) |
| Fair value estimate | $48.70 | $315.33 |
| Upside to fair value | +40% | -19% |
| Frequency | quarterly | quarterly |
| Market cap | $477.8M | $734.9B |
| P/E ratio | 11.9 | 33.3 |
Higher yield
FMAO
2.75%
Safer dividend
FMAO
Grade A
Faster growth
V
14.9%
Better value
FMAO
+40% upside
FMAO vs V — FAQ
Is FMAO or V a better dividend stock?
FMAO and V are closely matched. FMAO has the higher yield; FMAO scores better on safety.
Which has a higher dividend yield, FMAO or V?
FMAO has the higher forward dividend yield at 2.75%, versus 0.68% for V.
Is FMAO or V safer?
FMAO has the higher dividend-safety score (95/100 vs 93/100), reflecting stronger payout coverage and dividend-growth history.
Is FMAO or V better value right now?
As of Oct 15, 2026, FMAO looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For V, its fair-value estimate is 19% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.