Farmers National Banc Corp. Declares 2 Dividends
CANFIELD, Ohio – Farmers National Banc Corp., holding company of Farmers National Bank and Farmers Trust Co., declared a quarterly dividend and special dividend, both for 3 cents per common share, the holding company announced Tuesday.
Both are payable Dec. 31 to shareholders of record Dec. 14.
“This special dividend is a result of our favorable financial results through the first nine months of 2012,” the president and CEO of Farmers, John S. Gulas, said in a prepared statement. ”The board of directors believes this additional dividend payment is a shareholder-friendly return of excess capital and reflective of the corporation’s strong performance.”
Farmers Bank has 19 offices in Mahoning, Trumbull, Columbiana and Stark counties and the trust company has offices in Boardman and Howland.
Published by The Business Journal, Youngstown, Ohio.