First Farmers and Merchants (OTCMKTS:FFMH) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of First Farmers and Merchants Co. (OTCMKTS:FFMH) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $37.72 and traded as high as $38.25. First Farmers and Merchants shares last traded at $38.25, with a volume of 500 shares trading hands.

First Farmers and Merchants Stock Down 0.6 %

The business’s 50 day simple moving average is $37.72 and its 200 day simple moving average is $35.93.

First Farmers and Merchants Dividend Announcement

The business also recently declared 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 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.