Farmers and Merchants Bancshares, Inc.
FMFGFinancial Services · Stock · semiannual payer
$16.98
Add to PortfolioForward Yield
4.24%
Annual Dividend
$0.72
Payout Ratio
34%
5-Yr Growth
5.5%
Ex-Date
Jun 2, 2026
Frequency
Semiannual
FMFG Dividend Safety Score
Safe
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 FMFG a good dividend stock?
YesFarmers and Merchants Bancshares, Inc. (FMFG) pays a semiannual dividend yielding 4.24% ($0.72/yr), with 16 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Comfortable payout ratio (34%)
- Strong 5.5% 5-yr dividend growth
Risks
- Cut its dividend in 2009
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.24%
- Payout Ratio
- 34%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- 5.5%
- Ex-Dividend Date
- Jun 2, 2026
- Years of Growth
- 16
- Frequency
- semiannual
- Beta
- -0.23
- Market Cap
- $54.9M
- P/E Ratio
- 8.5
- 5-Yr Total Return
- -25%
- 52-Week Range
- $15.75 – $21.00
- Dividend Safety
- B · 76/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 2, 2026 | — | $0.3600 | regular |
| Dec 5, 2025 | — | $0.3400 | regular |
| Jul 11, 2025 | — | $0.3400 | regular |
| Dec 3, 2024 | — | $0.3400 | regular |
| Jun 3, 2024 | — | $0.3300 | regular |
| Nov 30, 2023 | — | $0.3300 | regular |
| Jun 1, 2023 | — | $0.3300 | regular |
| Dec 1, 2022 | — | $0.3200 | regular |
| Jun 2, 2022 | — | $0.3100 | regular |
| Dec 2, 2021 | — | $0.2900 | regular |
| Jun 3, 2021 | — | $0.2800 | regular |
| Dec 3, 2020 | — | $0.2600 | regular |
| Jun 4, 2020 | — | $0.2600 | regular |
| Dec 5, 2019 | — | $0.2600 | regular |
Income Calculator
At $0.72 / yr per share
