Farmers Bankshares, Inc. announced that the Board of Directors has declared a quarterly dividend of $0.15 per share to holders of common stock of the company. On an annualized basis the $0.15 per share dividend is increased by 15.4% over the dividend declared in June 2021 of $0.13 per share. The record date for stockholders entitled to payment of the dividend will be the close of normal trading on July 1, 2022, with payment to occur by July 15, 2022.