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

First Farmers and Merchants Co. (OTCMKTS:FFMH) declared a quarterly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.27 per share on Wednesday, April 16th. This represents a $1.08 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend is Tuesday, April 1st.

First Farmers and Merchants Stock Performance

Shares of FFMH opened at $38.25 on Friday. The stock has a 50 day moving average price of $37.85 and a 200 day moving average price of $35.97. First Farmers and Merchants has a one year low of $27.50 and a one year high of $39.50.

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.