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Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) 3-Year Dividend Growth Rate : 8.80% (As of Dec. 2023)


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What is Farmers & Merchants Bancorp 3-Year Dividend Growth Rate?

Farmers & Merchants Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

The historical rank and industry rank for Farmers & Merchants Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

FMAO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -28.9   Med: 7.7   Max: 66
Current: 8.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Farmers & Merchants Bancorp was 66.00% per year. The lowest was -28.90% per year. And the median was 7.70% per year.

FMAO's 3-Year Dividend Growth Rate is ranked better than
56.24% of 777 companies
in the Banks industry
Industry Median: 7.5 vs FMAO: 8.80

During the past 12 months, Farmers & Merchants Bancorp's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Farmers & Merchants Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.54. As of today, Farmers & Merchants Bancorp's Dividend Yield % is 4.00%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Farmers & Merchants Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Farmers & Merchants Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmers & Merchants Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers & Merchants Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Farmers & Merchants Bancorp's 3-Year Dividend Growth Rate falls into.



Farmers & Merchants Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Farmers & Merchants Bancorp  (NAS:FMAO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Farmers & Merchants Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.22/ 0.41
=0.54

During the past 13 years, the highest Dividend Payout Ratio of Farmers & Merchants Bancorp was 0.51. The lowest was 0.33. And the median was 0.36.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Farmers & Merchants Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2202024-03-272024-03-292024-04-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-12-282023-12-292024-01-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-10-052023-10-062023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-07-062023-07-072023-07-20Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Farmers & Merchants Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.86/21.50
=4.00 %

Current Share Price is $21.50.
Farmers & Merchants Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.86.

During the past 13 years, the highest Dividend Yield of Farmers & Merchants Bancorp was 4.88%. The lowest was 1.06%. And the median was 2.90%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Farmers & Merchants Bancorp 3-Year Dividend Growth Rate Related Terms>


Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
307 North Defiance Street, Archbold, OH, USA, 43502
Farmers & Merchants Bancorp Inc is a holding company for Farmers & Merchants Bank of Central California. It engages in general commercial banking business. Its activities include commercial, agricultural and residential mortgages as well as consumer and credit card lending activities. The interest received on lending to the commercial and retail market forms the basis of the bank's primary revenue.
Executives
Eugene N Burkholder director 12730 US HIGHWAY 20A, WAUSEON OH 43567
Steven J Planson director 22199 COUNTY ROAD F, STRYKER OH 43557
David P Vernon director 307 N DEFIANCE ST, ARCHBOLD OH 43502
Jo Ellen Hornish director 24880 BANNER SCHOOL RD, DEFIANCE OH 43512
Andrew J Briggs director 307 N DEFIANCE STREET, ARCHBOLD OH 43502
Simon R. Frank director 307 N. DEFIANCE STREET, ARCHBOLD OH 43502
Lori Ann Johnston director 307 N DEFIANCE STREET, ARCHBOLD OH 43502
Lars B Eller officer: President & CEO 214 CALEB STREET, WEST CHESTER PA 19382
Paul S Siebenmorgen officer: Sr. Executive VP
Anthony Rupp director 203 N. DEFIANCE ST., ARCHBOLD OH 43502
Jackson Jack Cornelius director 105 S MAIN STREET, BRYAN OH 43506
Marcia Sloan Latta director 1528 MUIRFIELD DR, BOWLING GREEN OH 43402
Katrina L Degroff officer: Sr. Vice President 6085 COUNTY RD 13, WAUSEON OH 43567
Phillip P Lucas officer: Sr. Vice President 5047 STONESPRING CRT, ANDERSON IN 46012
Benet S Rupp officer: Sr. Vice President 3963 TIMBER VALLEY DR, MAUMEE OH 4337