Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Increases Dividend to $0.34 Per Share

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) declared a dividend on Monday, November 18th,NASDAQ Dividends reports. Investors of record on Tuesday, December 3rd will be given a dividend of 0.34 per share on Tuesday, December 17th. The ex-dividend date of this dividend is Tuesday, December 3rd. This is a boost from Farmers and Merchants Bancshares’s previous dividend of $0.33.

Farmers and Merchants Bancshares Stock Performance

Shares of Farmers and Merchants Bancshares stock opened at $14.15 on Monday. The firm has a fifty day moving average of $15.22 and a two-hundred day moving average of $15.35. Farmers and Merchants Bancshares has a one year low of $12.51 and a one year high of $18.00.

About Farmers and Merchants Bancshares

Farmers and Merchants Bancshares, Inc operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.