First Farmers Financial (OTCMKTS:FFMR) Stock Price Up 0.5% – Should You Buy?

First Farmers Financial Co. (OTCMKTS:FFMR) shares shot up 0.5% during trading on Thursday . The stock traded as high as $65.50 and last traded at $65.50. 700 shares were traded during mid-day trading, a decline of 67% from the average session volume of 2,100 shares. The stock had previously closed at $65.16.

First Farmers Financial Stock Down 0.8 %

The firm has a fifty day moving average price of $66.01 and a 200 day moving average price of $66.16.

First Farmers Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.49 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.96 dividend on an annualized basis and a yield of 3.02%. This is an increase from First Farmers Financial’s previous quarterly dividend of $0.48.

About First Farmers Financial

First Farmers Financial Corporation operates as the financial holding company for First Farmers Bank & Trust that provides banking products and services to individuals, families, and businesses. The company offers checking and savings accounts, health savings accounts, youth accounts, business accounts, deposit and government accounts, certificates of deposit, and individual retirement accounts, as well as account management services; and mortgages and construction loans, first time home buyers loan, home equity loans, auto loans, collateral loans, and debit and credit cards.