Farmers & Merchants Bancorp (FMAO) hikes dividend by 4.3%

-

Farmers & Merchants Bancorp (FMAO) announced a 4.3% increase in its quarterly dividend to $0.24 per share on September 29, 2026. The bank also declared a $0.01 special dividend to celebrate America's 250th anniversary, bringing the combined quarterly payment to $0.25 per share. The regular dividend increase extends the company's dividend growth streak to 32 consecutive years.

The new regular quarterly dividend of $0.24 per share represents an annualized payout of $0.96. At a share price of $35.00, Farmers & Merchants Bancorp offers a regular dividend yield of approximately 2.8%. The ex-dividend date is October 9, 2026, for both the regular and special dividends.

FMAO DIVIDEND TRACK RECORD
Annual regular dividend increases (%)
32 YEARS
© dividendtrackrecords.com
Last update: September 29, 2026

Farmers & Merchants Bancorp has maintained its annual dividend growth record for 32 consecutive years. The latest 4.3% increase follows dividend hikes of 3.9% in 2025, 0.6% in 2024 and 4.8% in 2023.

Dividend growth has moderated compared with 2021 and 2022, when the bank increased its regular payout by 11.8% and 10.5%, respectively. The latest increase is slightly higher than the 2025 hike and excludes the additional special dividend.

Alongside the regular dividend increase, the board approved a one-time special dividend of $0.01 per share in recognition of America's 250th anniversary. Shareholders eligible for both distributions will receive a combined payment of $0.25 per share for the quarter. The special dividend is a one-time distribution and is not included in the regular annualized dividend or the dividend growth chart above.

Farmers & Merchants Bancorp is an Ohio-based bank holding company providing commercial and consumer banking services through its subsidiary, Farmers & Merchants State Bank.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.

Most read this week on DTR

City Holding Co hikes dividend by 10%

-
On September 27, 2023, City Holding Company (CHCO) announced that it will raise its quarterly dividend by 10 percent to $0.715 per share. This marks the 12th consecutive year of annual dividend increases by the financial company. The next dividend will be paid on October 31, 2023 with an ex-dividend date of October 12, 2023. The dividend yield for CHCO is 3.2% at a stock price of $90.35. “City’s board reaffirmed the Company’s commitment of returning value to its shareholders today by voting to approve an increase in the quarterly cash dividend of 6.5 cents to 71.5 cents,” stated Charles (Skip) Hageboeck, President and CEO. “The Company's current strong capital and liquidity position, our financial performance during 2023, and our confidence in the Company's ability to sustain this performance led to the decision to increase the dividend to $2.86 on an annualized basis.” City Holding Company is the parent company of City National Bank of West Virginia. City National operates bra...
Read more

Accenture (ACN) hikes dividend by 4.9%

-
Accenture (ACN) announced a 4.9% dividend increase to $1.71 per share quarterly on October 1, 2026. The latest hike extends the company's dividend growth streak to 22 consecutive years , although it represents a slowdown following six consecutive years of double-digit dividend increases.
Read more

Bank OZK (OZK) hikes dividend by 2.1%

-
Bank OZK (OZK) announced a 2.1% dividend increase to $0.49 per share quarterly on October 1, 2026. This marks the bank's fourth dividend hike of 2026 , bringing total dividend growth this year to 8.9% and extending its dividend growth record to 28 consecutive years .
Read more