ARCHBOLD — The board of directors of Farmers & Merchants Bancorp, Inc., the holding company of The Farmers & Merchants State Bank, with assets of $1.61 billion at Dec. 31, recently announced that it has approved the company’s quarterly cash dividend of 16 cents per share, which is a 6.7% increase over the first quarter dividend of 2019.

The first quarter dividend is payable April 20 to shareholders of record as of March 31.


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