Farmers & Merchants Bancorp Dividend
What is Farmers & Merchants Bancorp current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.99%
Current Dividend Yield
Dividend Yield vs Market
| Farmers & Merchants Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FMAO) | 3.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (FMAO) | 3.1% |
Notable Dividend: FMAO's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: FMAO's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (4.28%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.9 | 2 |
| 12/31/2023 | 0.86 | 3 |
| 1/22/2023 | 0.84 | 2.99 |
| 12/28/2022 | 0.84 | 3.1 |
| 9/20/2022 | 0.84 | 3 |
| 7/26/2022 | 0.76 | 2.58 |
| 7/21/2022 | 0.76 | 2.45 |
| 3/24/2022 | 0.76 | 2.11 |
| 12/17/2021 | 0.76 | 2.32 |
| 9/18/2021 | 0.72 | 2.8 |
| 6/16/2021 | 0.68 | 3.05 |
| 3/19/2021 | 0.68 | 2.93 |
| 12/18/2020 | 0.68 | 2.82 |
| 9/18/2020 | 0.68 | 3.15 |
| 6/16/2020 | 0.64 | 3 |
| 3/20/2020 | 0.64 | 2.85 |
| 12/20/2019 | 0.64 | 2.32 |
| 9/20/2019 | 0.6 | 2.31 |
| 6/5/2019 | 0.6 | 2.22 |
| 3/15/2019 | 0.6 | 1.99 |
| 12/21/2018 | 0.6 | 1.88 |
| 9/21/2018 | 0.56 | 1.35 |
| 6/15/2018 | 0.56 | 1.26 |
| 3/16/2018 | 0.52 | 1.25 |
| 12/15/2017 | 0.52 | 1.32 |
| 9/15/2017 | 0.52 | 1.36 |
| 6/13/2017 | 0.5 | 1.64 |
| 3/17/2017 | 0.46 | 1.94 |
| 12/16/2016 | 0.46 | 2.39 |
| 9/16/2016 | 0.46 | 2.78 |
| 6/17/2016 | 0.46 | 3.01 |
| 3/18/2016 | 0.44 | 3.11 |
| 12/18/2015 | 0.44 | 3.26 |
| 9/18/2015 | 0.44 | 3.38 |
| 6/19/2015 | 0.44 | 3.32 |
| 4/29/2015 | 0.42 | 3.14 |
| 12/19/2014 | 0.42 | 3.25 |
| 9/19/2014 | 0.42 | 3.26 |
| 6/20/2014 | 0.42 | 3.36 |
| 3/21/2014 | 0.42 | 3.43 |
| 12/20/2013 | 0.42 | 3.63 |
| 9/20/2013 | 0.4 | 3.78 |
| 6/21/2013 | 0.4 | 3.7 |
| 3/15/2013 | 0.4 | 3.7 |
| 12/21/2012 | 0.4 | 3.82 |
| 9/21/2012 | 0.4 | 3.95 |
| 6/18/2012 | 0.38 | 3.69 |
| 3/16/2012 | 0.38 | 3.64 |
Stable Dividend: FMAO's dividends per share have been stable in the past 10 years.
Growing Dividend: FMAO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), FMAO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FMAO's dividends in 3 years are forecast to be well covered by earnings (33% payout ratio).