First Farmers Financial Corp. Declares Dividend

Rhea-AI Summary

First Farmers Financial Corp. (OTCQX: FFMR) has declared a quarterly cash dividend of $0.46 per share, marking a 15% increase from the previous $0.40 dividend in March 2022. This dividend is payable on April 14, 2023, to shareholders of record as of March 31, 2023. The company, headquartered in Converse, Indiana, operates as a $2.7 billion financial holding entity with multiple locations across Indiana and parts of Illinois. This dividend announcement reflects the company's commitment to returning value to its shareholders while sustaining its growth strategy.

Positive

• Quarterly dividend increased by 15% to $0.46 per share.
• Demonstrates a strong commitment to returning value to shareholders.

Negative

• None.

Converse, Indiana, March 21, 2023 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on March 21, 2023, the Board of Directors approved a quarterly cash dividend of $0.46 per share, payable on April 14, 2023, to shareholders of record as of March 31, 2023. This quarterly dividend represents a 15.0% increase over the $0.40 dividend declared in March 2022.

First Farmers Financial Corp is a $2.7 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 declared by FFMR in March 2023?

FFMR declared a quarterly cash dividend of $0.46 per share.

When will the FFMR dividend be paid?

The FFMR dividend will be paid on April 14, 2023.

What was the previous dividend amount for FFMR?

The previous dividend amount was $0.40 per share, declared in March 2022.

What is the record date for the FFMR dividend?

The record date for the FFMR dividend is March 31, 2023.