I would just like to take this opportunity to note that covid can't stop the safest bank in California from paying that Christmas dividend!
In these uncertain times, it's good to know that some things truly are sacred.
I will try not to spend my $84 (divvy for 2 shares) in one place.
everyone else out there still using this company's results as an effective sleep aid?
Press Release: Farmers & Merchants Bank of Long Beach Declares Fourth Quarter Cash Dividend of $27 Per Share, Declares Special Christmas Dividend of $15 Per Share
Farmers & Merchants Bank of Long Beach Declares Fourth Quarter Cash Dividend of $27 Per Share, Declares Special Christmas Dividend of $15 Per Share
--Declaration Represents 510(th) Dividend Payment to Shareholders Since 1916-- LONG BEACH, Calif.--(BUSINESS WIRE)--November 16, 2020--
Farmers & Merchants Bank of Long Beach today announced that its board of directors has declared regular quarterly cash dividend of $27 per share and a special Christmas dividend of $15 per share on the Bank's common stock.
Both the quarterly and special dividends are payable on December 15, 2020 to shareholders of record as of November 30, 2020. The declaration represents F&M's 510th dividend payment, including special dividends. F&M has paid a dividend each year to shareholders since 1916, and the value of F&M's quarterly dividend has never decreased.