Is Farmers & Merchants Bancorp, Inc. a good dividend stock?

Farmers & Merchants Bancorp, Inc. (FMAO) is a dividend-paying stock with a current dividend yield of 2.95%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is FMAO's dividend yield?

The dividend yield for FMAO stock is currently 2.95%.

How much does FMAO pay in dividends per year?

Farmers & Merchants Bancorp, Inc. pays an annual dividend of $0.9088 per share over the trailing twelve months.

How often does FMAO pay dividends?

FMAO stock pays dividends quarterly.

Is FMAO's dividend growing?

Farmers & Merchants Bancorp, Inc.'s 3-year dividend CAGR is 2.94%.

FMAO Stock Price, Chart, Stats & News

Farmers & Merchants Bancorp, Inc.

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Overview Dividend safety Dividends Fundamentals

Farmers & Merchants Bancorp, Inc. (FMAO) is a dividend-paying stock with a current dividend yield of 2.95% as of Jun 30, 2026. It pays $0.9088 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 6.29% 5-year compound annual rate.

423.78M

Market cap

11.79x

Current P/E

15.92x

Forward P/E

2.95%

Dividend yield

$0.9088

FMAO dividend

Dividend safety

Strong

Dividend coverage looks healthy — FMAO pays out about 35% of earnings.

See the safety analysis

FMAO chart

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Fundamentals

Gross margin	62.05%
Operating margin	22.62%
Pretax margin	22.62%
Net margin	17.72%
Effective tax rate	21.67%
ROA	0.97%
ROE	9.33%
D/E	0.81x
Interest coverage ratio	0.61x

All financials

FMAO valuation

P/E	11.79x
P/S	1.84x
P/B	0.93x
P/CF	9.25x
P/FCF	9.71x
P/OCF	9.25x
PEG	2.41x
EV multiple	2.99x

About

Farmers & Merchants Bancorp, Inc. functions as the holding company for The Farmers & Merchants State Bank, offering a broad spectrum of commercial banking solutions. The bank serves individual customers and small businesses throughout northwest Ohio and northeast Indiana. Its offerings include various deposit accounts such as checking, savings, and time deposits, along with custodial services for Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs).