COLUMBIA, Tenn. (September 19, 2017) – Today, First Farmers and Merchants Corporation (Ticker: FFMH), announced its Board of Directors declared a regular quarterly cash dividend of $0.20 per share which will be paid on October 16, 2017, to shareholders of record as of October 2, 2017.
Commenting on the announcement, T. Randy Stevens, Chairman and Chief Executive Officer of First Farmers, said “We are pleased to announce this increase in our quarterly cash dividend of $0.01 per share which represents an annualized increase of 5% compared to our prior quarterly dividend.” Stevens added “This dividend represents the 73rd consecutive dividend for First Farmers shareholders.”
