First Farmers and Merchants Co. (OTCMKTS:FFMH) will issue a dividend increase – $0.27 per share

First Farmers and Merchants Co. (OTCMKTS:FFMH – Get Your Free Report ) announced a dividend on Tuesday, September 24th, NASDAQ reports. Investors of record on Monday, October 7th will be given a dividend of 0.27 per share on Monday, October 21st. The ex-dividend date is Monday, October 7. This is a positive change from First Farmers and Merchants’ previous dividend of $0.20.

Stock performance of the First Farmer and Traders

FFMH traded down $0.25 during midday trading on Tuesday, hitting $34.75. 1,267 shares of the company traded hands, compared to its average volume of 2,001. The company has a 50 day simple moving average of $33.62 and a two hundred day simple moving average of $30.84. First Farmers and Merchants has a 52-week low of $24.70 and a 52-week high of $36.00.

About the first farmers and traders

(Get a free report)

First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank, which provides various banking and financial services in Middle Tennessee and Northern Alabama. The company’s deposit products include personal and business checking and savings and individual retirement and investment accounts, as well as certificates of deposit.

Featured stories

Get daily news and ratings for top farmers and traders – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for First Farmers and Traders and related companies with MarketBeat.com’s FREE daily email newsletter.