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

LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) today announced that its board of directors has approved the Bank’s regular quarterly cash dividend of $28 per share on the Bank’s common stock. The quarterly dividend is payable on June 28, 2024, to shareholders of record as of June 14, 2024. The declaration represents F&M’s 527th dividend payment. F&M has paid a dividend each year to shareholders since 1916, and the value of F&M’s quarter