Converse, Ind., June 12, 2018 -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on June 12, 2018 the Board of Directors approved a record quarterly cash dividend of $0.26 per share, payable on July 13, 2018 to shareholders of record as of June 30, 2018. This quarterly dividend represents a 52.9% increase over the $0.17 split-adjusted dividend declared in June 2017. The cash dividend is in addition to the previously announced 2-for-1 common stock split for shareholders effective June 15, 2018 for shareholders of record on June 8, 2018.
First Farmers Financial Corp is a $1.7 billion financial holding company headquartered in Converse, Indiana. First Farmers Bank & Trust has 28 offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash counties in Indiana and 7 offices in Coles, Edgar and Vermilion counties in Illinois.