First Farmers and Merchants Co. Announces Quarterly Dividend of $0.27 (OTCMKTS:FFMH)

First Farmers and Merchants Co. (OTCMKTS:FFMH) announced a quarterly dividend on Tuesday, June 17th, RTT News reports. Shareholders of record on Tuesday, July 1st will be paid a dividend of 0.27 per share on Wednesday, July 16th. This represents a $1.08 dividend on an annualized basis and a yield of 2.57%.

First Farmers and Merchants Stock Performance

Shares of FFMH stock opened at $41.98 on Thursday. The firm has a fifty day simple moving average of $39.73 and a two-hundred day simple moving average of $37.88. First Farmers and Merchants has a 12 month low of $29.30 and a 12 month high of $41.98.

About First Farmers and Merchants

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.