Financial Services

Farmers Declares Nine Cents Cash Dividend

CANFIELD, Ohio – The board of directors of Farmers National Banc Corp. declared a quarterly cash dividend of nine cents a share on Tuesday.

In a prepared statement, Kevin J. Helmick, president and CEO of Farmers said: “It is my pleasure to announce the board of directors has approved a 29% year-over-year increase to the company’s first quarter dividend. This is the fourth increase to Farmers’ dividend in three years reflecting the company’s strong financial and performance results, and the board’s commitment to create value for our shareholders.”

The dividend will have a record date of March 8 and is payable to shareholders on March 29.

Farmers National Banc Corp. is the holding company of Farmers National Bank and Farmers Trust Co. It  has more than $2 billion in banking assets and over $1 billion in trust assets.

Published by The Business Journal, Youngstown, Ohio.