Today: The Farmers Capital Bank Corp. (FFKT) to Issue Quarterly Dividend of $0.10 on January 1st

The Farmers Capital Bank Corp. (FFKT) to Issue Quarterly Dividend of $0.10 on  January 1st

Farmers Capital Bank Corp. (NASDAQ:FFKT) declared a quarterly dividend on Tuesday, October 25th. Stockholders of record on Thursday, December 1st will be paid a dividend of 0.10 per share on Sunday, January 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Tuesday, November 29th. This is a positive change from Farmers Capital Bank Corp.’s previous quarterly dividend of $0.07.

Farmers Capital Bank Corp. (NASDAQ:FFKT) opened at 35.80 on Monday. The stock has a 50 day moving average of $32.46 and a 200-day moving average of $29.66. The stock has a market cap of $268.75 million, a P/E ratio of 15.22 and a beta of 0.67. Farmers Capital Bank Corp. has a 12 month low of $24.65 and a 12 month high of $36.12.

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Advisors LLC raised its position in shares of Farmers Capital Bank Corp. by 1.2% in the second quarter. BlackRock Advisors LLC now owns 4,174 shares of the company’s stock valued at $114,000 after buying an additional 50 shares during the period. SG Americas Securities LLC bought a new position in shares of Farmers Capital Bank Corp. during the third quarter valued at $135,000. The Manufacturers Life Insurance Company bought a new position in shares of Farmers Capital Bank Corp. during the third quarter valued at $177,000. New York State Common Retirement Fund raised its position in shares of Farmers Capital Bank Corp. by 14.7% in the third quarter. New York State Common Retirement Fund now owns 7,800 shares of the company’s stock valued at $231,000 after buying an additional 1,000 shares during the period. Finally, Rhumbline Advisers raised its position in shares of Farmers Capital Bank Corp. by 1.3% in the third quarter. Rhumbline Advisers now owns 7,872 shares of the company’s stock valued at $233,000 after buying an additional 100 shares during the period. 46.59% of the stock is owned by institutional investors.

Separately, Sandler O’Neill assumed coverage on shares of Farmers Capital Bank Corp. in a report on Friday, October 7th. They issued a “buy” rating and a $35.00 price objective for the company.

Farmers Capital Bank Corp. Company Profile

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