First Farmers Financial Corp. Declares Record Dividend

First Farmers Financial Corp (OTCQX: FFMR), the parent company of First Farmers Bank & Trust Co., announced a record quarterly cash dividend of $0.48 per share, approved on June 18, 2024.

Rhea-AI Summary

First Farmers Financial Corp (OTCQX: FFMR), the parent company of First Farmers Bank & Trust Co., announced a record quarterly cash dividend of $0.48 per share, approved on June 18, 2024. This dividend, payable on July 15, 2024, to shareholders of record as of June 28, 2024, marks a 2.1% increase from last year's $0.47 dividend.

First Farmers Financial Corp, with assets totaling $3.2 billion, operates numerous bank offices across Indiana and parts of Illinois. The company's stock is traded on the OTCQX exchange under the symbol FFMR.

Positive

• Record dividend of $0.48 per share, a 2.1% increase from June 2023.
• Steady dividend growth reflects financial stability.
• Assets totaling $3.2 billion, indicating substantial company size.

Negative

• None.

Argus Publication session

+1.47% session move Open Argus

Details

News Market Reaction – FFMR

In the trading session that priced this news, FFMR gained 1.47%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Converse, Indiana, June 24, 2024 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on June 18, 2024, the Board of Directors approved a record quarterly cash dividend of $0.48 per share, payable on July 15, 2024, to shareholders of record as of June 28, 2024. This quarterly dividend represents a 2.1% increase over the $0.47 dividend declared in June 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did First Farmers Financial Corp (FFMR) declare in June 2024?

First Farmers Financial Corp declared a record quarterly cash dividend of $0.48 per share in June 2024.

When is the record date for First Farmers Financial Corp's (FFMR) dividend declared in June 2024?

The record date for the dividend is June 28, 2024.

When will First Farmers Financial Corp (FFMR) pay the recently declared dividend?

The dividend will be payable on July 15, 2024.

How much did First Farmers Financial Corp (FFMR) increase its dividend from June 2023 to June 2024?

The dividend increased by 2.1% from $0.47 in June 2023 to $0.48 in June 2024.

What is the stock symbol for First Farmers Financial Corp?

The stock symbol for First Farmers Financial Corp is FFMR.

On which exchange is First Farmers Financial Corp (FFMR) traded?

First Farmers Financial Corp is traded on the OTCQX exchange.

What are the total assets of First Farmers Financial Corp (FFMR)?

First Farmers Financial Corp has total assets of $3.2 billion.