FFW Corporation Declares Cash Dividend for Shareholders
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FFW Corporation's Quarterly Dividend Announcement
FFW Corporation (OTC: FFWC) has made a significant announcement regarding its quarterly cash dividend. The company's board has decided to pay a dividend of $0.30 per share of common stock. This move reflects the corporation's ongoing commitment to enhancing shareholder value.
Details of the Dividend
The upcoming dividend will be payable on March 28, 2025, to all shareholders who are on record as of March 14, 2025. This respective dividend is a clear indication of FFW Corporation's robust fiscal health, as it continues to reward its shareholders consistently.
Financial Standing of FFW Corporation
As of January 31, 2025, the book value of FFW Corporation stock stood at $44.81 per share. The latest trading price at the market close on February 25, 2025, was $39.00 per share. With outstanding shares totaling 1,093,501, the corporation’s assets were reported at $562 million, alongside a shareholders' equity of $49 million. Strong performance metrics like these validate the corporation's strong market position.
Crossroads Bank's Role
Crossroads Bank operates as a wholly-owned subsidiary of FFW Corporation, offering a comprehensive range of banking services. These include investments and securities products, effectively serving the community through locations in various Indiana cities. The bank specializes in both retail banking and leasing services, ensuring customers have diverse options for their financial needs.
Commitment to Future Dividends
The board of FFW Corporation, in conjunction with Crossroads Bank, is committed to evaluating dividend payments on a quarterly basis. This forward-looking approach highlights the management's dedication to maintaining a strong financial strategy while ensuring a return to its shareholders.
Contact Information
For further details or inquiries regarding the dividend announcement, interested parties can reach out to Stacy Wiley, the Treasurer of FFW Corporation, at (260) 563-3185. The company remains open to communication and is eager to engage with its shareholder base.
Frequently Asked Questions
What is the amount of the quarterly dividend declared by FFW Corporation?
The quarterly cash dividend declared by FFW Corporation is $0.30 per share.
When is the dividend payable?
The dividend is scheduled to be payable on March 28, 2025.
What is the book value of FFW Corporation stock?
The book value of FFW Corporation stock was reported at $44.81 per share as of January 31, 2025.
Who is the contact person for more information about the dividend?
Stacy Wiley, the Treasurer of FFW Corporation, can be contacted for more information at (260) 563-3185.
What financial services does Crossroads Bank provide?
Crossroads Bank provides a wide range of banking services, including investment options and leasing services across multiple Indiana locations.
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