Farmers & Merchants Bancorp declares $5.00 dividend, changes distribution frequency

* Farmers & Merchants Bancorp (OTCQX:FMCB [https://seekingalpha.com/symbol/FMCB]) declared $5.00/share quarterly dividend [https://seekingalpha.com/pr/20199711-farmers-and-merchants-bancorp-fmcb-announces-quarterly-cash-dividend].
* Payable Oct. 1; for shareholders of record Sept. 11; ex-div Sept. 11.
* The Company is changing its dividend policy related to the frequency of cash dividend payments from semi-annually to quarterly.
* The unanimous decision to change the frequency of the cash dividend was done after the Board of Directors completed a thorough analysis of the Company’s overall financial condition and performance.
* This current decision only impacts the frequency of dividend payments, which is subject to change in the future, if deemed necessary or appropriate by the Board.
* See FMCB Dividend Scorecard, Yield Chart, & Dividend Growth. [https://seekingalpha.com/symbol/FMCB/dividends?source=news_bullet]

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* Farmers & Merchants Bancorp: As Stable As It Gets, And On Sale [https://seekingalpha.com/article/4802163-farmers-and-merchants-bancorp-as-stable-as-it-gets-and-on-sale]
* Financial information for Farmers & Merchants Bancorp [https://seekingalpha.com/symbol/FMCB/income-statement]