FFW Corporation Announces Quarterly Cash Dividend
FFW Corporation (OTCID: FFWC), the parent company of Crossroads Bank, has officially declared a quarterly cash dividend of $0.31 per share of common stock. This announcement reflects the corporation's commitment to delivering value to its shareholders.
Dividend Payment Information
The declared dividend is set to be paid on December 26 to the shareholders who are on record as of December 12. This regular dividend payment underscores the corporation's ongoing efforts to maintain a strong relationship with its shareholders and to share its financial success.
Company Financial Overview
As of October 31, the book value of FFW Corporation stock stood at a healthy $50.14 per share. On November 25, the last trading price of the stock was reported at $45.53 per share. This indicates a solid market positioning with 1,087,250 outstanding shares, demonstrating the corporation's strong management of its assets, which totaled $579.5 million, with shareholders' equity reported at $54.5 million.
About Crossroads Bank
Crossroads Bank serves as a wholly owned subsidiary under FFW Corporation, providing a diverse suite of banking services. These services include an extensive array of investment and securities products. With its main office located in Wabash, the bank operates six centers across Indiana, enhancing its community engagement through local banking solutions. Additionally, leasing services are available at each banking center to cater to the needs of its clientele.
Insurance and Other Financial Products
In partnership with Insurance 1 Services, Inc., the bank offers various insurance products, showcasing its versatility in the financial services sector. The corporation’s commitment to expanding its services demonstrates its adaptability and customer-centric approach.
Looking Ahead
The board of directors at FFW Corporation, alongside Crossroads Bank, will continue to assess the viability of paying dividends quarterly while evaluating the company's financial health. This proactive approach allows for ongoing delivery of shareholder value.
For further inquiries, interested parties can reach out to Stacy Wiley, Treasurer of FFW Corporation, at (260) 563-3185. Stay updated with the latest news and services provided by visiting the company's official website.
Frequently Asked Questions
What is the cash dividend announced by FFW Corporation?
FFW Corporation announced a quarterly cash dividend of $0.31 per share.
When will the dividend be paid?
The dividend is payable on December 26 for shareholders of record by December 12.
What is the stock ticker for FFW Corporation?
The stock ticker for FFW Corporation is FFWC.
What financial information is available for FFW Corporation?
As of October 31, FFW Corporation's book value was $50.14 per share with a total asset report of $579.5 million.
Who can I contact for more information about FFW Corporation?
For more details, you can contact Stacy Wiley, the Treasurer, at (260) 563-3185.
