Saturday, July 24th, 2021

First Farmers has record first quarter dividend

Posted: Friday, June 21, 2019

First Farmers Financial Corp., the parent company of First Farmers Bank & Trust Co., announced that on June 11 the Board of Directors approved a record quarterly cash dividend of 30 cents per share.

The dividend will be payable July 15 to shareholders of record as of June 28. This quarterly dividend represents a 15.4 percent increase over the 26 cents dividend declared in June 2018.

First Farmers Bank & Trust has again been named to the annual Top 200 Community Banks by American Banker Magazine. The bank was ranked 14th in the nation with a three-year Return on Average Equity (ROAE) of 14.35 percent. This is the fifth consecutive year the bank has placed in the top 20.

First Farmers Bank & Trust’s is located at 244 Hauenstein Road.