FFW Corporation has approved a quarterly cash dividend of $0.17 per share of common stock
OREANDA-NEWS. FFW Corporation (OTC PINK:FFWC) (8/23/2016 Close: $27.00), parent corporation of Crossroads Bank, has approved a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable September 30, 2016 to shareholders of record on September 16, 2016.
The book value of FFW Corporation stock was $30.61 per share as of July 31, 2016. The last reported trade of stock at the close of business on August 23, 2016 was $27.00 per share and the number of outstanding shares was 1,161,084 as of the same date. On July 31, 2016, the corporation had assets of $344.6 million and shareholders' equity of $37.6 million. The Board of FFW Corporation and Crossroads Bank will continue to evaluate the payment of a dividend on a quarterly basis.
Crossroads Bank is a wholly owned subsidiary of FFW Corporation providing an extensive array of banking services and a wide range of investments and securities products through its main office in Wabash and four banking centers located in Columbia City, North Manchester, South Whitley, and Syracuse, IN.