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

First Farmers and Merchants Co. (OTCMKTS:FFMH) declared a quarterly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Thursday, January 2nd will be paid a dividend of 0.27 per share on Thursday, January 16th. This represents a $1.08 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Thursday, January 2nd.

First Farmers and Merchants Trading Down 0.3 %

Shares of FFMH traded down $0.09 during mid-day trading on Thursday, reaching $35.16. The company’s stock had a trading volume of 200 shares, compared to its average volume of 2,385. First Farmers and Merchants has a 52 week low of $25.50 and a 52 week high of $36.00. The company’s fifty day moving average price is $34.85 and its two-hundred day moving average price is $33.22.

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.