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

First Farmers and Merchants Co. (OTCMKTS:FFMH) announced 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 dividend yield of 2.81%. The ex-dividend date is Tuesday, April 1st.

First Farmers and Merchants Stock Performance

Shares of FFMH stock remained flat at $38.50 during mid-day trading on Wednesday. The company’s stock had a trading volume of 300 shares, compared to its average volume of 1,424. First Farmers and Merchants has a twelve month low of $26.83 and a twelve month high of $39.50. The stock has a 50-day moving average of $37.33 and a 200-day moving average of $35.79.

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.