First Farmers Financial Corp. ( FFMR ) declares record dividend.

Rhea-AI Summary

First Farmers Financial Corp. (FFMR) has announced a record quarterly cash dividend of $0.49 per share, representing a 2.1% increase from the $0.48 dividend declared in December 2023. The dividend will be payable on January 15, 2025, to shareholders of record as of December 31, 2024.

The company, a $3.2 billion financial holding company headquartered in Converse, Indiana, operates through First Farmers Bank & Trust with offices across multiple counties in Indiana and Illinois.

Positive

• Record quarterly dividend of $0.49 per share
• 2.1% dividend increase year-over-year
• Strong financial position with $3.2 billion in assets

Negative

• None.

News Market Reaction

%

1 alert

% News Effect

On the day this news was published, FFMR declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Converse, IN, Dec. 17, 2024 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. Declares Record Dividend

Converse, Ind., December 17, 2024 -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on December 17, 2024, the Board of Directors approved a record quarterly cash dividend of $0.49 per share, payable on January 15, 2025, to shareholders of record as of December 31, 2024. This quarterly dividend represents a 2.1% increase over the $0.48 dividend declared in December 2023.

First Farmers Financial Corp is a $3.2 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 First Farmers Financial Corp's (FFMR) latest quarterly dividend amount?

First Farmers Financial Corp's latest quarterly dividend is $0.49 per share, announced on December 17, 2024.

When will FFMR's Q1 2025 dividend be paid?

The dividend will be paid on January 15, 2025, to shareholders of record as of December 31, 2024.

How much did FFMR increase its dividend compared to December 2023?

FFMR increased its dividend by 2.1%, from $0.48 in December 2023 to $0.49 in December 2024.

What is First Farmers Financial Corp's (FFMR) current asset size?

First Farmers Financial Corp is a $3.2 billion financial holding company.