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 25% from the dividend declared in December 2020 of $0.12 per share. The record date for stockholders entitled to payment of the dividend will be the close of normal trading on January 3, 2022, with payment to occur by January 18, 2022.