CANFIELD, Ohio--(BUSINESS WIRE)--On August 15, 2019, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.10 per share. The common stock cash dividend will have a record date of September 13, 2019, and is payable to shareholders on September 30, 2019.
Kevin J. Helmick, President and CEO, stated, “It is my pleasure to announce the Board of Directors has approved a 25% year-over-year increase to the company’s third quarter dividend. This is the sixth increase to Farmers’ dividend in the past four years. In fact, our quarterly cash dividend has increased 150% during this period, reflecting our Board’s continual commitment to creating shareholder value.”
ABOUT FARMERS NATIONAL BANC CORP.
Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $2.4 billion in banking assets. Farmers National Banc Corp.’s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 41 banking locations in Mahoning, Trumbull, Columbiana, Stark, Wayne, Medina and Cuyahoga Counties in Ohio and Beaver County in Pennsylvania, Farmers Trust Company, which operates four trust offices and offers services in the same geographic markets, and National Associates, Inc. Total wealth management assets under care at June 30, 2019 are $2.5 billion. Farmers National Insurance, LLC and Bowers Insurance Agency, Inc., wholly-owned subsidiaries of The Farmers National Bank of Canfield, offer a variety of insurance products.