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

First Farmers Financial Co. (OTCMKTS:FFMR) 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 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 Price Performance

The stock has a 50 day simple moving average of $66.00 and a two-hundred day simple moving average of $66.19.

First Farmers Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.49 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from First Farmers Financial’s previous quarterly dividend of $0.48. This represents a $1.96 annualized dividend and a dividend yield of 2.99%.

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.