First Farmers Financial Corp. Declares Record Dividend

First Farmers Financial Corp. (OTCQX; FFMR) announced a record quarterly cash dividend of $0.45 per share, a 25% increase from last year's $0.36.

Rhea-AI Summary

First Farmers Financial Corp. (OTCQX; FFMR) announced a record quarterly cash dividend of $0.45 per share, a 25% increase from last year's $0.36. The dividend is payable on October 14, 2022, to shareholders on record as of September 30, 2022. This reflects the company's sound financial standing as it operates a $2.5 billion asset financial holding company headquartered in Converse, Indiana. The firm has multiple locations across Indiana and parts of Illinois, supporting a strong regional presence.

Positive

• Record quarterly cash dividend of $0.45 per share.
• 25% increase in dividend compared to $0.36 last year.
• Demonstrates financial strength with $2.5 billion in assets.

Negative

• None.

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

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Converse, IN, Sept. 20, 2022 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on September 20, 2022, the Board of Directors approved a record quarterly cash dividend of $0.45 per share, payable on October 14, 2022, to shareholders of record as of September 30, 2022. This quarterly dividend represents a 25% increase over the $0.36 dividend declared in September 2021.

First Farmers Financial Corp is a $2.5 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 dividend amount for FFMR?

The dividend amount is $0.45 per share.

When is the FFMR dividend payment date?

The dividend payment date is October 14, 2022.

What was the previous dividend declared by FFMR?

The previous dividend was $0.36 per share, declared in September 2021.

When do I need to own shares to receive the FFMR dividend?

You must be a shareholder of record by September 30, 2022.

How often does FFMR pay dividends?

FFMR pays quarterly dividends.