FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.28 PER SHARE
HAMPSTEAD, Md., May 25, 2021 (GLOBE NEWSWIRE) — On May 17, 2021, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend of $.28 per share of common stock, which will be paid on June 25, 2021 to shareholders of record on June 4, 2021. The $.28 per share dividend is $.02 greater than the most recent dividend paid in December 2020. The semi-annual dividend has increased or stayed the same compared to the previous dividend 23 consecutive times, starting with the June 2010 dividend.
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