Farmers and Merchants Bancshares Announces Cash Dividend Payment

Farmers and Merchants Bancshares Announces Cash Dividend Payment

On a recent date, the Board of Directors of Farmers and Merchants Bancshares, Inc., parent company of Farmers and Merchants Bank, made an exciting announcement regarding their common stock. They have declared a cash dividend of $0.34 per share, showcasing their commitment to rewarding stockholders. This dividend is scheduled for distribution on a future date to eligible stockholders who will be recorded ahead of this payment.

A Tradition of Service

Farmers and Merchants Bancshares is a distinguished financial holding company that has been diligently serving the community since its establishment in 1919. With over a century of experience under its belt, the Bank has cultivated strong relationships with its customers, offering them reliable banking services tailored to both individual and business needs.

Expansive Reach and Convenience

Located primarily in Maryland, Farmers and Merchants Bank operates in several key areas, ensuring that it meets the diverse needs of its clientele. The Bank's main office is situated in Upperco, accompanied by multiple branches strategically placed in communities such as Owings Mills, Hampstead, and Westminster. This extensive network enhances accessibility for customers seeking banking services along the major corridors.

Stock Information and Market Presence

The common stock of Farmers and Merchants Bancshares, Inc. holds significant market interest, driven by the Bank’s strong financial performance. Investors can find this stock available for trading through the OTC Markets Group’s Pink Market under the ticker “FMFG.” Such a symbol denotes the ongoing trust and value placed by investors in the company's robust financial initiatives.

About Farmers and Merchants Bancshares

The Company prides itself on its longstanding tradition of providing exceptional service in banking. From personal banking to business financing, Farmers and Merchants Bancshares has tailored offerings that cater to the needs of the local communities. This commitment ensures both individuals and businesses can rely on the Bank for their financial undertakings.

Commitment to Transparency and Investor Relations

Farmers and Merchants Bancshares values transparency, which is reflected in their investor relations section available on their corporate website. This resource hosts a range of information, from press releases and financial data to comprehensive analyses concerning company performance and stakeholder interests. The aim is to maintain open channels of communication, reinforcing their responsibility to stockholders.

Contact Information for Inquiries

For additional information regarding the company and its financial offerings, interested parties can contact:

Mr. Gary A. Harris

President & CEO

(410) 374-1510, Ext. 1104

Farmers and Merchants Bancshares, Inc.

4510 Lower Beckleysville Rd, Suite H

Hampstead

Frequently Asked Questions

What is the cash dividend per share declared by Farmers and Merchants Bancshares?

The Board of Directors declared a cash dividend of $0.34 per share.

When will the cash dividend be paid to stockholders?

The dividend is scheduled to be paid on a specified date to stockholders of record on an earlier date.

What are the main locations of Farmers and Merchants Bank?

The Bank has its main office in Upperco and additional branches in Owings Mills, Hampstead, and Westminster.

Under which ticker can the bank's stock be found?

Farmers and Merchants Bancshares, Inc. trades under the ticker symbol “FMFG” on the OTC Markets Group’s Pink Market.

How can I find more information about the company?

More information can be found on the company's investor relations section of their website, which includes various resources, financial disclosures, and announcements.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

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