Mon, Nov 22, 2021 5:06 AM
LONG BEACH, Calif.--(BUSINESS WIRE)--Nov 22, 2021--
Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $27 per share and a special Christmas dividend of $15 per share on the Bank’s common stock.
Both the quarterly and special dividend are payable on December 15, 2021 to shareholders of record as of November 30, 2021.
The declarations represent F&M’s 514 th and 515 th dividend payments, respectively, including special dividends. F&M has paid dividends each year to shareholders since 1916, and the value of F&M’s quarterly dividend has never decreased.
About Farmers & Merchants Bank of Long Beach
Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank provides white-glove service to clients at 25 branches across Orange County, Long Beach, the South Bay and Santa Barbara, as well as through its Online and Mobile Banking platforms. The Bank offers commercial and small business banking, business loan programs, home loans, and consumer 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, please visit the Bank’s website, www.fmb.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20211122005277/en/
CONTACT: John Hinrichs
Executive Vice President
562-437-0011, ext. 5035Roger Pondel
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: SMALL BUSINESS BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Farmers & Merchants Bank of Long Beach
Copyright Business Wire 2021.
PUB: 11/22/2021 08:05 AM/DISC: 11/22/2021 08:06 AM