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

First Farmers and Merchants Co. (OTCMKTS:FFMH) announced a quarterly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Thursday, January 2nd will be given a dividend of 0.27 per share on Thursday, January 16th. This represents a $1.08 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend is Thursday, January 2nd.

First Farmers and Merchants Price Performance

Shares of OTCMKTS:FFMH traded down $0.09 during midday trading on Thursday, reaching $35.16. 200 shares of the company’s stock were exchanged, compared to its average volume of 2,385. The company’s 50 day simple moving average is $34.85 and its two-hundred day simple moving average is $33.22. First Farmers and Merchants has a 12 month low of $25.50 and a 12 month high of $36.00.

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.