The board of First Farmers Financial Corp. authorized a quarterly cash dividend of 26 cents per share.
The dividend will be payable July 13 to the Converse, Ind.-based company's shareholders of record as of June 30. The dividend follows a 2-for-1 common stock split, effective June 15, for the company's shareholders of record as of June 8. The company's prior quarterly cash dividend was 41 cents per share.
First Farmers Financial is the holding company of First Farmers Bank & Trust.