Farmers & Merchants Bancorp, Inc.
FMAOFinancial Services · Stock · quarterly payer
$27.86
Add to PortfolioForward Yield
3.26%
Annual Dividend
$0.91
Payout Ratio
35%
5-Yr Growth
6.4%
Ex-Date
Apr 2, 2026
Frequency
Quarterly
FMAO Dividend Safety Score
96/ 100
Grade A
Very Safe
Dividend-growth streak19 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage35% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is FMAO a good dividend stock?
YesFarmers & Merchants Bancorp, Inc. (FMAO) pays a quarterly dividend yielding 3.26% ($0.91/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 19 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (35%)
- Strong 6.4% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.26%
- Payout Ratio
- 35%
- Annual Dividend
- $0.91
- 5-Yr Avg Growth
- 6.4%
- Ex-Dividend Date
- Apr 2, 2026
- Years of Growth
- 19
- Frequency
- quarterly
- Beta
- 0.83
- Market Cap
- $383.6M
- P/E Ratio
- 10.6
- 5-Yr Total Return
- 29%
- 52-Week Range
- $22.59 – $29.83
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 2, 2026 | — | $0.2300 | regular |
| Dec 29, 2025 | — | $0.2300 | regular |
| Oct 10, 2025 | — | $0.2280 | regular |
| Jul 7, 2025 | — | $0.2210 | regular |
| Apr 4, 2025 | — | $0.2210 | regular |
| Dec 27, 2024 | — | $0.2210 | regular |
| Oct 4, 2024 | — | $0.2210 | regular |
| Jul 5, 2024 | — | $0.2200 | regular |
| Mar 27, 2024 | — | $0.2200 | regular |
| Dec 28, 2023 | — | $0.2200 | regular |
| Oct 5, 2023 | — | $0.2100 | regular |
| Jul 6, 2023 | — | $0.2100 | regular |
| Mar 30, 2023 | — | $0.2100 | regular |
| Dec 29, 2022 | — | $0.2100 | regular |
Income Calculator
At $0.91 / yr per share
Per payment (quarterly)$22.75
Annual$91.00
Monthly avg$7.58
