First Farmers & Merchants Corp Increases Quarterly Dividend by 12.5% to $0.27; 3.1% Yield

First Farmers & Merchants Corp (FFMH) has announced a quarterly dividend of $0.27 per share, which translates to an annualized dividend of $1.08. This marks a 12.5% increase from the previous dividend of $0.24.

The dividend is set to be paid on October 21, 2024, to shareholders recorded as of October 7, 2024, with the ex-dividend date being October 4, 2024.

The annual yield for this dividend stands at 3.1 percent.