Farmers Bankshares Inc., the Windsor-based holding company for Farmers Bank, announced that the Board of Directors has declared a quarterly dividend of $0.22 per share to holders of the company’s common stock. The dividend represents a 37-percent increase per share over the one paid in December 2014.

The record date for stockholders entitled to payment of the dividend will be the close of normal trading on April 1, with payment to occur by April 15.

The Board of Directors of Farmers Bankshares, Inc. has approved a three-for-one stock split in 2015. Also, an application has been submitted to allow for the company’s stock to be traded on the NASDAQ market as an Over-the-Counter Bulletin Board stock under the symbol FBVA.

With that approval, any stockbroker can assist with the purchase of the company’s stock, as well as with sales of holdings.