First Fmrs & Merchants Corp (FFMH) Raises Quarterly Dividend 9.5% to $0.23; 3.3% Yield

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First Farmers and Merchants Corporation Announces 9.5% Increase in Quarterly Cash Dividend to $0.23 Per Share

September 20, 2022 5:00 PM EDT

COLUMBIA, Tenn.--(BUSINESS WIRE)-- First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors increased its regular quarterly cash dividend by 9.5%, to $0.23 per share from $0.21 per share. The new higher dividend rate will be paid on October 14, 2022, to shareholders of record as of September 30,... More