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First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.27 Per Share

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First Farmers and Merchants (OTC Pink: FFMH) has announced a quarterly cash dividend of $0.27 per share. The dividend will be paid on January 16, 2025, to shareholders of record as of January 2, 2025. This represents a significant 12.5% increase compared to the dividend paid during the same period in the previous year, demonstrating the company's commitment to shareholder returns.

First Farmers and Merchants (OTC Pink: FFMH) ha annunciato un dividendo in contante trimestrale di $0,27 per azione. Il dividendo sarà pagato il 16 gennaio 2025 agli azionisti registrati al 2 gennaio 2025. Questo rappresenta un aumento significativo del 12,5% rispetto al dividendo pagato nello stesso periodo dell'anno precedente, dimostrando l'impegno dell'azienda nei confronti dei rendimenti per gli azionisti.

First Farmers and Merchants (OTC Pink: FFMH) ha anunciado un dividendo en efectivo trimestral de $0.27 por acción. El dividendo se pagará el 16 de enero de 2025 a los accionistas registrados hasta el 2 de enero de 2025. Esto representa un aumento significativo del 12.5% en comparación con el dividendo pagado durante el mismo período del año anterior, lo que demuestra el compromiso de la empresa con los rendimientos para los accionistas.

퍼스트 파머스 앤 머천츠 (OTC Pink: FFMH)는 분기별 현금 배당금으로 $0.27 퍼 주를 발표했습니다. 이 배당금은 2025년 1월 16일에 2025년 1월 2일 기준 주주들에게 지급됩니다. 이는 전년 같은 기간에 지급된 배당금 대비 12.5% 증가를 나타내며, 주주 수익에 대한 회사의 헌신을 보여줍니다.

First Farmers and Merchants (OTC Pink: FFMH) a annoncé un dividende en espèces trimestriel de 0,27 $ par action. Le dividende sera payé le 16 janvier 2025 aux actionnaires inscrits au registre au 2 janvier 2025. Cela représente une augmentation significative de 12,5% par rapport au dividende versé durant la même période de l'année précédente, démontrant l'engagement de la société envers les rendements des actionnaires.

First Farmers and Merchants (OTC Pink: FFMH) hat eine vierteljährliche Bar-Dividende von 0,27 $ pro Aktie angekündigt. Die Dividende wird am 16. Januar 2025 an die Aktionäre ausgezahlt, die am 2. Januar 2025 eingetragen sind. Dies entspricht einer signifikanten Erhöhung von 12,5% im Vergleich zur Dividende, die im gleichen Zeitraum des Vorjahres gezahlt wurde, und zeigt das Engagement des Unternehmens für die Renditen der Aktionäre.

Positive
  • 12.5% year-over-year increase in quarterly dividend
  • Maintained consistent dividend payment schedule
  • Shows strong financial position and commitment to shareholder returns
Negative
  • None.

COLUMBIA, Tenn.--(BUSINESS WIRE)-- First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.27 per share, which will be paid on January 16, 2025, to shareholders of record as of January 2, 2025. The dividend represents a 12.5% increase compared with the cash dividend paid during the same period last year.

About First Farmers and Merchants Corporation and First Farmers and Merchants Bank

First Farmers and Merchants Corporation is the holding company for First Farmers and Merchants Bank, a community bank serving the Middle Tennessee area through 22 offices in seven Middle Tennessee counties. As of September 30, 2024, First Farmers reported total assets of approximately $1.9 billion, total shareholders’ equity of approximately $145 million, and administered trust assets of $6.2 billion. For more information about First Farmers, visit us on the Web at www.myfirstfarmers.com under “Investor Relations.”

Robert E. Krimmel

Chief Financial Officer

(931) 380-8257

Source: First Farmers and Merchants Corporation

FAQ

What is the amount of First Farmers and Merchants 's (FFMH) latest quarterly dividend?

First Farmers and Merchants 's latest quarterly dividend is $0.27 per share.

When is the payment date for FFMH's Q1 2025 dividend?

The dividend payment date is January 16, 2025.

What is the record date for FFMH's January 2025 dividend?

The record date for the dividend is January 2, 2025.

How much did FFMH increase its dividend compared to last year?

FFMH increased its dividend by 12.5% compared to the same period last year.

What is the dividend frequency for First Farmers and Merchants (FFMH)?

First Farmers and Merchants pays dividends on a quarterly basis.

FIRST FMRS & MERCHANTS CO

OTC:FFMH

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United States of America
Columbia