Farmers & Merchants Bank of Long Beach (OTCMARKETS:FMBL) declared special Christmas dividend of $ 25.00 per share.
The dividend will be payable on December 14, 2018, to stockholders of record on November 30, 2018, with an ex-dividend date of November 29, 2018.
Daniel Walker, Chairman and CEO, said, The increase in the dividend payment demonstrates Farmers & Merchants Bankâs financial health, in addition to our commitment to enhance shareholder value. F&M has paid a dividend for more than century, and it is an honor to continue the tradition of a Christmas dividend this holiday season.
Farmers & Merchants Bank of Long Beach has a market capital of $ 1.09 billion and is part of the Financial Services sector and Banks – Regional – US industry.