First Farmers Financial Corp. Declares Record Dividend

Rhea-AI Summary

First Farmers Financial Corp. (OTCQX: FFMR) announced a record quarterly cash dividend of $0.36 per share, marking a 12.5% increase from last year’s $0.32 dividend. This dividend will be payable on October 15, 2021, to shareholders of record as of September 30, 2021. The company, with a total asset value of $2.3 billion, operates First Farmers Bank & Trust Co. and serves multiple counties in Indiana and Illinois.

Positive

• Record quarterly cash dividend of $0.36 per share.
• 12.5% increase from last year's dividend of $0.32.

Negative

• None.

News Market Reaction

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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, Sept. 14, 2021 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on September 14, 2021 the Board of Directors approved a record quarterly cash dividend of $0.36 per share, payable on October 15, 2021 to shareholders of record as of September 30, 2021. This quarterly dividend represents a 12.5% increase over the $0.32 dividend declared in September 2020.

First Farmers Financial Corp is a $2.3 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 payout for FFMR in October 2021?

The dividend payout for FFMR is $0.36 per share, payable on October 15, 2021.

When is the record date for the FFMR dividend?

The record date for the FFMR dividend is September 30, 2021.

How much did the FFMR dividend increase compared to last year?

The FFMR dividend increased by 12.5% from last year's $0.32 to $0.36.

What is the total asset value of First Farmers Financial Corp.?

First Farmers Financial Corp. has a total asset value of $2.3 billion.