First Bancshares Inc. (Bellevue, OH) (OTCMKTS:FIBH) Plans Dividend Increase – $0.40 Per Share

First Bancshares Inc. (Bellevue, OH) (OTCMKTS:FIBH) announced a quarterly dividend on Thursday, March 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.40 per share on Friday, April 25th. This represents a $1.60 annualized dividend and a yield of 6.45%. The ex-dividend date is Tuesday, April 1st. This is a 21.2% increase from First Bancshares Inc. (Bellevue, OH)’s previous quarterly dividend of $0.33.

First Bancshares Inc. (Bellevue, OH) Price Performance

Shares of OTCMKTS FIBH opened at $24.80 on Friday. First Bancshares Inc. has a 1 year low of $22.05 and a 1 year high of $28.00. The firm’s 50-day moving average is $25.48 and its 200-day moving average is $24.83.

About First Bancshares Inc. (Bellevue, OH)

First Bancshares Inc (Bellevue, OH) operates as the bank holding company for First National Bank that provides financial services to individuals and corporate customers in the United States. It accepts checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides personal loans, such as mortgage, home equity, auto, and boat loans; and commercial loans, including commercial real estate, farm line of credit, farm real estate, farm term, line of credit, and term loans, as well as credit cards.