■ Increase · August 26, 2026
Farmers National Banc Corp. Raises Quarterly Dividend by 5.6%
Farmers National Banc Corp. increases quarterly dividend to 18 cents per share, a 5.6% rise, payable Sept. 30.
Dividend Increase Announced
The board of directors of Farmers National Banc Corp. (NASDAQ: FMNB) has declared a quarterly cash dividend of 18 cents per share, marking a 1 cent per share increase from the previous quarter's payment. This represents a 5.6% rise in the quarterly dividend.
Payment Details
The dividend is payable on Sept. 30 to shareholders of record as of Sept. 11. The company's president and CEO, Kevin J. Helmick, attributed the increase to the company's financial strength, the successful acquisition and integration of Middlefield, and a commitment to returning capital to shareholders.
Dividend Growth Context
Based on the expected 2026 annual dividend of 70 cents per share, the company's dividend has grown at a compound annual rate of approximately 16% over the past decade, compared with an annual dividend of 16 cents per share in 2016. As of June 30, Farmers reported $7.1 billion in banking assets and $5.1 billion in total wealth management assets.
What it means for income investors
This increase continues a trend of consistent dividend growth for Farmers National Banc Corp., reflecting its solid financial position. The company's ability to raise dividends while maintaining a strong balance sheet may be of interest to income-focused investors.
Reporting based on: Business Journal Daily. Figures verified against market data where available.