First Farmers and Merchants Co. (OTCMKTS:FFMH) to Issue $0.27 Quarterly Dividend

First Farmers and Merchants Co. (OTCMKTS:FFMH) declared a quarterly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.27 per share on Wednesday, April 16th. This represents a $1.08 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Tuesday, April 1st.

First Farmers and Merchants Price Performance

OTCMKTS:FFMH opened at $38.50 on Thursday. The firm’s 50-day moving average price is $37.40 and its 200-day moving average price is $35.81. First Farmers and Merchants has a 1-year low of $26.83 and a 1-year high of $39.50.

First Farmers and Merchants Company Profile

First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that 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.