Farmers National raises its quarterly payout to $0.18, marking a 5.6% increase from the prior $0.17 dividend.
Farmers National (FMNB) announced a 5.6% increase in its quarterly dividend to $0.18 per share, up from $0.17 previously. The move reflects the company’s ongoing commitment to returning value to shareholders amid stable financial performance.
The new dividend yields 4.61% on a forward basis. The payment will be made on September 30 to shareholders of record as of September 11, with the ex-dividend date also set for September 11. The prior dividend was consistent with FMNB’s historical pattern of modest annual increases.
No immediate market reaction was disclosed in the announcement, though dividend growth often signals confidence in future cash flows.