Farmers & Merchants Bank of Long Beach Declares Third-Quarter Cash Dividend Payment of $28 Per Share

Written by Emily J. Thompson, Senior Investment Analyst

Source: Businesswire

Updated: Aug 19 2024

0mins

Source: Businesswire

Dividend Announcement: Farmers & Merchants Bank of Long Beach has declared a quarterly cash dividend of $28 per share, payable on September 30, 2024, to shareholders recorded by September 13, 2024. This marks the bank's 528th dividend payment since it began paying dividends in 1916 without ever decreasing the amount.
Bank Overview: Established in 1907, Farmers & Merchants Bank operates 27 branches across California and offers a variety of banking services including commercial loans, home loans, and consumer retail banking products, with deposits insured by the FDIC.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Farmers & Merchants Bank of Long Beach Declares Third-Quarter Cash Dividend Payment of $28 Per Share

About the author

Top News

Ford Announces $19.5B EV Restructuring Charges

Fed Cuts Interest Rates Amid Economic Concerns

SpaceX Targets $800 Billion Valuation in Secondary Sale

U.S. Consumer Sentiment Slightly Improves in December

Related Articles

Token Cat (TC) Reaches $100 Million Investment Agreement with AZI

Wallbridge Plans 25,000 Metres of Drilling in 2026 to Enhance Gold Project Value

People Also Watch