Shares of First Farmers and Merchants Co. (OTCMKTS:FFMH – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $38.33 and traded as high as $38.50. First Farmers and Merchants shares last traded at $38.25, with a volume of 1,418 shares traded.
First Farmers and Merchants Price Performance
The firm has a 50 day moving average of $38.33 and a two-hundred day moving average of $36.14.
First Farmers and Merchants Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 16th. Investors of record on Tuesday, April 1st will be given a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.08 annualized dividend and a yield of 2.82%.
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.
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