First Farmers Financial Corp. Declares Record Dividend

First Farmers Financial Corp. (OTCQX: FFMR) has announced a record quarterly cash dividend of $0.48 per share, payable on October 15, 2024, to shareholders of record as of September 30, 2024.

Rhea-AI Summary

First Farmers Financial Corp. (OTCQX: FFMR) has announced a record quarterly cash dividend of $0.48 per share, payable on October 15, 2024, to shareholders of record as of September 30, 2024. This represents a 2.1% increase over the $0.47 dividend declared in September 2023. The dividend was approved by the Board of Directors on September 17, 2024.

First Farmers Financial Corp is a $3.3 billion financial holding company headquartered in Converse, Indiana. Its subsidiary, First Farmers Bank & Trust, operates offices across multiple counties in Indiana and Illinois. The company's stock is traded on the OTC Markets Group's OTCQX exchange under the ticker symbol FFMR.

Positive

• Record quarterly cash dividend of $0.48 per share announced
• 2.1% increase in dividend compared to September 2023
• $3.3 billion in assets, indicating substantial company size

Negative

• None.

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News Market Reaction – FFMR

In the trading session that priced this news, FFMR declined 0.02%, reflecting a mild negative market reaction.

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Converse, Indiana, Sept. 17, 2024 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on September 17, 2024, the Board of Directors approved a record quarterly cash dividend of $0.48 per share, payable on October 15, 2024, to shareholders of record as of September 30, 2024. This quarterly dividend represents a 2.1% increase over the $0.47 dividend declared in September 2023.

First Farmers Financial Corp is a $3.3 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

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

What is the new dividend amount for First Farmers Financial Corp (FFMR)?

First Farmers Financial Corp (FFMR) has declared a record quarterly cash dividend of $0.48 per share.

When will First Farmers Financial Corp (FFMR) pay its latest dividend?

The dividend will be paid on October 15, 2024, to shareholders of record as of September 30, 2024.

How much has First Farmers Financial Corp (FFMR) increased its dividend compared to last year?

First Farmers Financial Corp (FFMR) has increased its dividend by 2.1% compared to the $0.47 dividend declared in September 2023.

What is the total asset value of First Farmers Financial Corp (FFMR)?

First Farmers Financial Corp (FFMR) is a $3.3 billion financial holding company.