Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Farmers & Merchants Ban (FMAO) — Dividend Profile
Finance·Savings Institutions
11y payment streak3y growth streakActiveQuarterly
Forward Yield
2.73%
@ $33.68
TTM Yield
2.72%
Forward Annual
$0.92
Quarterly
Market Cap
$468.1m
Payout (FCF)
39%
2.6x covered
Payout (Earnings)
34%
Latest Amount
$0.2300
Ex 2026-07-10
3y CAGR
-18.5%
5y CAGR
-8.3%
10y CAGR
-4.0%
Next Ex-Date
Last recorded cut on or near 2017-09-25.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WarningYield Trap: Green2 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Distress (1.24)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (87.5%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
6/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
3.40×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +24.2%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 25 settled events.
Median Ex-Date Drop
-0.65%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
84%
21 of 25 events recovered within 90 days
Median Recovery Time
4 days
1 – 7 days IQR
Avg Capture Yield
0.82%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (41)
Ex-DateAmountFrequencyPay DateType
2026-07-10$0.2300Quarterly2026-07-20recurring
2026-04-02$0.2300Quarterly2026-04-20recurring
2025-12-29$0.2300Quarterly2026-01-20recurring
2025-10-10$0.2275Quarterly2025-10-20recurring
2025-07-07$0.2213Quarterly2025-07-20recurring
2025-04-04$0.2213Quarterly2025-04-20recurring
2024-12-27$0.2213Quarterly2025-01-20recurring
2024-10-04$0.2213Quarterly2024-10-20recurring
2024-07-05$0.2200Quarterly2024-07-20recurring
2024-03-27$0.2200Quarterly2024-04-20recurring
2023-12-28$0.2200Quarterly2024-01-20recurring
2023-10-05$0.2100Quarterly2023-10-20recurring
2023-07-06$0.2100Quarterly2023-07-20recurring
2023-03-30$0.2100Quarterly2023-04-20recurring
2022-12-29$0.2100Quarterly2023-01-20recurring
2022-09-23$0.2100Quarterly2022-10-20recurring
2022-07-07$0.01252022-07-20special
2022-03-31$0.1900Quarterly2022-04-20recurring
2021-12-27$0.1900Quarterly2022-01-20recurring
2021-09-27$0.1800Quarterly2021-10-20recurring
2021-06-25$0.1700Quarterly2021-07-20recurring
2021-03-30$0.1700Quarterly2021-04-20recurring
2020-12-28$0.1700Quarterly2021-01-20recurring
2020-09-28$0.1700Quarterly2020-10-20recurring
2020-06-26$0.1600Quarterly2020-07-20recurring
2020-03-30$0.1600Quarterly2020-04-20recurring
2019-12-30$0.1600Quarterly2020-01-20recurring
2019-09-30$0.1500Quarterly2019-10-20recurring
2019-06-14$0.1500Quarterly2019-07-20recurring
2019-03-25$0.1500Quarterly2019-04-20recurring
2018-12-28$0.1500Quarterly2019-01-20recurring
2018-10-01$0.1400Quarterly2018-10-20recurring
2018-06-25$0.1400Quarterly2018-07-20recurring
2018-03-26$0.1300Quarterly2018-04-20recurring
2017-12-22$0.1300Quarterly2018-01-20recurring
2017-09-25$0.1300Quarterly2017-10-20recurring
2017-06-22$0.2500Quarterly2017-07-20recurring
2017-03-24$0.2300Quarterly2017-04-20recurring
2016-12-22$0.2300Quarterly2017-01-20recurring
2016-09-23$0.2300Quarterly2016-10-20recurring
2016-06-24$0.2300Quarterly2016-07-20recurring