The board of directors for Farmers Bankshares Inc., the Windsor-based holding company for Farmers Bank, has declared a quarterly dividend of 5 cents per share on a post-split basis (adjusted to $0.25 per share on a pre-split basis) to holders of common stock of the company.

On an annualized basis, the quarterly dividend is increased over the semi-annual dividend declared in December 2014 of 6.4 cents per share by 56 percent and increased over the quarterly dividend declared in September 2015 by 14 percent.

The record date for stockholders entitled to payment of the dividend will be the close of normal trading on Jan. 4, 2016, with payment to occur by Jan. 15.

The common stock of Farmers Bankshares, Inc. trades on the NASDAQ market as an Over-the-Counter Bulletin Board stock under the symbol FBVA. Any stockbroker can assist with purchase of the company’s stock, as well as with sales of holdings.