FMFG'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.32 Med: 3.78 Max: 4.8
Current: 3.94
During the past 10 years, the highest Dividend Yield of Farmers and Merchants Bancshares (MD) was 4.80%. The lowest was 1.32%. And the median was 3.78%.
FMFG's Dividend Yield % is ranked better than 64.67% of 1251
companies
in the Banks industry
Industry Median: 3.03
vs FMFG: 3.94
During the past 10 years, the highest Dividend Payout Ratio of Farmers and Merchants Bancshares (MD) was 1.23. The lowest was 0.21. And the median was 0.36.
During the past 12 months, Farmers and Merchants Bancshares (MD)'s average Dividends Per Share Growth Rate was 1.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 16.70% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Farmers and Merchants Bancshares (MD) was 37.40% per year. The lowest was -0.50% per year. And the median was 20.15% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Farmers and Merchants Bancshares (MD) (OTCPK:FMFG) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
* 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 and Merchants Bancshares (MD) Dividend Yield % Chart
FMFG vs FFBW, BBBK, STBI: Dividend Yield % Comparison
For the Banks - Regional subindustry, Farmers and Merchants Bancshares (MD)'s Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 and Merchants Bancshares (MD) Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, Farmers and Merchants Bancshares (MD)'s Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Farmers and Merchants Bancshares (MD)'s Dividend Yield % falls into.
Farmers and Merchants Bancshares (MD) Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Farmers and Merchants Bancshares (MD) Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.360000
2026-06-02
2026-06-02
2026-06-18
Cash Dividend
semi-annually
USD:USD 1.000000
USD 0.340000
2025-12-05
2025-12-05
2025-12-15
Cash Dividend
semi-annually
USD:USD 1.000000
USD 0.340000
2025-07-11
2025-07-11
2025-07-25
Cash Dividend
semi-annually
USD: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.
* 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 and Merchants Bancshares (MD) (FMFG) has a Dividend Yield % of 3.94% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Farmers and Merchants Bancshares (MD) and its competitors. This is near median its historical median of 3.78. Over the past decade, Farmers and Merchants Bancshares (MD)'s Dividend Yield % has ranged from 1.32 to 4.80. According to the industry distribution chart, Farmers and Merchants Bancshares (MD) ranks #442 out of 1251 companies in the Banks industry, placing it in the top 35.3%.
Is Farmers and Merchants Bancshares (MD)'s Dividend Yield % too high?
Farmers and Merchants Bancshares (MD)'s current Dividend Yield % of 3.94% is near median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 4.80. The Banks industry median Dividend Yield % is 3.03. Farmers and Merchants Bancshares (MD)'s value of 3.94% is 30% above this industry median. Based on the distribution chart, Farmers and Merchants Bancshares (MD) ranks #442 out of 1251 companies in the Banks industry, which is above the industry midpoint. Overall, Farmers and Merchants Bancshares (MD) has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmers and Merchants Bancshares (MD)'s Dividend Yield % compare to FFBW and BBBK?
According to the Banks industry distribution chart, Farmers and Merchants Bancshares (MD) ranks #442 out of 1251 companies for Dividend Yield %. This puts Farmers and Merchants Bancshares (MD) in the upper half of its industry. The industry median Dividend Yield % is 3.03. Farmers and Merchants Bancshares (MD)'s value of 3.94% is 30% above this benchmark. Historically, Farmers and Merchants Bancshares (MD)'s own Dividend Yield % has ranged from 1.32 to 4.80 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 3.03, Farmers and Merchants Bancshares (MD) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Banks company?
The median Dividend Yield % among Banks companies is 3.03, based on 1,251 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmers and Merchants Bancshares (MD)'s current Dividend Yield % of 3.94% is 30% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Farmers and Merchants Bancshares (MD) and its competitors. For the Banks industry, the median Dividend Yield % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers and Merchants Bancshares (MD)'s current Dividend Yield % is 3.94%, which is near median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers and Merchants Bancshares (MD) stock overvalued right now?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (MD) (FMFG) is currently considered Fairly Valued. The stock's GF Value™ is $18.78, compared to a current price of $17.75 — trading 5.5% below its estimated fair value. The current Dividend Yield % is 3.94%, which is near median its 10-year median of 3.78 and 30% above the Banks industry median of 3.03. Farmers and Merchants Bancshares (MD)'s overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Farmers and Merchants Bancshares (MD) (FMFG), the current Dividend Yield % is 3.94% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Farmers and Merchants Bancshares (MD) (FMFG) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (MD) stock appears to be undervalued.
The current stock price of $17.75 is trading 5.5% below its estimated GF Value™ of $18.78.
GuruFocus considers Farmers and Merchants Bancshares (MD) to be Fairly Valued.
Key valuation signals for FMFG:
Dividend Yield %: 3.94% (near median its 10-year median of 3.78)
GF Value™: $18.78 vs. price of $17.75 (5.5% below fair value)
Industry Position: 30% above the Banks median (#442 of 1251)
No single metric tells the full story. See the FMFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers and Merchants Bancshares (MD) Business Description
Farmers and Merchants Bancshares Inc (MD) is an independent community bank, offering a broad range of financial services. The Bank provides banking services to individuals and businesses located in Baltimore County, Maryland, Carroll County, Maryland, and surrounding areas of northern Maryland. It provides Personal, Business, and Electronic banking services.
64GF Score
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Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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