Farmers & Merchants Bank of Long Beach announces Q1 cash dividend.
BANKING AND CREDIT NEWS-February 27, 2018-Farmers & Merchants Bank of Long Beach announces Q1 cash dividend
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Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) has announced that its board of directors has declared a regular quarterly cash dividend of USD 23 per share, the company said.
The quarterly dividend is payable on March 30, 2018 to shareholders of record as of March 15, 2018.
The declaration represents F&M's 496th dividend payment, including special dividends. F&M has paid a dividend each year to shareholders since 1916.
Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank has 24 branches across Orange County, Long Beach and the South Bay. The Bank specializes in commercial and small business banking, business loan programs, home loans, and a robust offering of consumer retail banking products, including checking, savings and youth accounts. Farmers & Merchants Bank is a California state chartered bank with deposits insured by the Federal Deposit Insurance Corporation (Member FDIC) and an Equal Housing Lender. For more information about F&M, visit the website, www.fmb.com.
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