First Farmers Financial Corp. Declares Dividend

Rhea-AI Summary

On December 14, 2021, First Farmers Financial Corp. (OTCQX: FFMR) announced a quarterly cash dividend of $0.36 per share, marking a 9.1% increase from the previous year’s $0.33 dividend. The payment is scheduled for January 14, 2022, to shareholders of record as of December 31, 2021. Based in Converse, Indiana, First Farmers Financial Corp. operates a financial holding company valued at $2.4 billion, with its bank serving multiple counties in Indiana and parts of Illinois.

Positive

• Quarterly cash dividend increased by 9.1% from last year
• Dividend amount of $0.36 per share enhances shareholder income
• Demonstrates company confidence in financial performance

Negative

• None.

Converse, IN, Dec. 14, 2021 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on December 14, 2021 the Board of Directors approved a quarterly cash dividend of $0.36 per share, payable on January 14, 2022 to shareholders of record as of December 31, 2021. This quarterly dividend represents a 9.1% increase over the $0.33 dividend declared in December 2020.

 

First Farmers Financial Corp is a $2.4 billion financial holding company headquartered in Converse, Indiana.  First Farmers Bank & Trust has offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash counties in Indiana and offices in Coles, Edgar, and Vermilion counties in Illinois. First Farmers Financial Corp is traded on the OTC Markets Group, Inc. "OTCQX" exchange under the ticker symbol: FFMR  

FAQ

What is the dividend amount announced by First Farmers Financial Corp. on December 14, 2021?

The announced dividend amount is $0.36 per share.

When is the dividend payment date for First Farmers Financial Corp.?

The dividend payment date is January 14, 2022.

What is the record date for the dividend announced by FFMR?

The record date for the dividend is December 31, 2021.

How much did the dividend increase from the previous year for FFMR?

The dividend increased by 9.1% from $0.33 to $0.36 per share.

What is the market capitalization of First Farmers Financial Corp.?

First Farmers Financial Corp. has a market capitalization of $2.4 billion.