First Financial Corporation Indiana to Issue Quarterly Dividend of $0.56 (NASDAQ:THFF)

First Financial Corporation Indiana (NASDAQ:THFF) announced a quarterly dividend on Wednesday, March 18th. Investors of record on Wednesday, April 1st will be paid a dividend of 0.56 per share by the bank on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, April 1st.

First Financial Corporation Indiana has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 2 years. First Financial Corporation Indiana has a payout ratio of 37.0% meaning its dividend is sufficiently covered by earnings. Analysts expect First Financial Corporation Indiana to earn $5.94 per share next year, which means the company should continue to be able to cover its $2.24 annual dividend with an expected future payout ratio of 37.7%.

First Financial Corporation Indiana Trading Down 2.1%

First Financial Corporation Indiana stock traded down $1.29 during trading hours on Wednesday, hitting $60.29. The company had a trading volume of 57,579 shares, compared to its average volume of 72,440. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $716.85 million, a P/E ratio of 9.03 and a beta of 0.42. The company has a 50-day moving average price of $64.12 and a two-hundred day moving average price of $60.14. First Financial Corporation Indiana has a 1 year low of $42.05 and a 1 year high of $69.21.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings results on Tuesday, February 3rd. The bank reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.12. First Financial Corporation Indiana had a net margin of 22.79% and a return on equity of 13.02%. The firm had revenue of $70.55 million during the quarter, compared to the consensus estimate of $67.93 million. On average, sell-side analysts anticipate that First Financial Corporation Indiana will post 5.41 earnings per share for the current year.

First Financial Corporation Indiana Company Profile

First Financial Corporation Indiana is a bank holding company headquartered in Terre Haute, Indiana, that offers a full suite of financial services to individuals and businesses. Through its subsidiary, First Financial Bank, the company provides traditional banking products including checking and savings accounts, certificates of deposit, and cash management solutions. It also offers consumer and commercial lending services ranging from residential mortgages and home equity lines of credit to working capital loans and equipment financing.

The company’s service offerings extend beyond core banking to include wealth management and trust services, retirement planning, and brokerage solutions.