FFW Corporation (OTCMKTS:FFWC) Stock In A Range: Company Announces Quarterly Cash Dividend, Share Repurchase

FFW Corporation (OTCMKTS:FFWC) is moving in a range. The Crossroads Bank parent corporation has approved a cash dividend of $0.26 per share for the quarter.

Market Stats

On Friday, FFWC stock ended flat at $47.37 with more than 100 shares, compared to its average volume of 154 shares. The stock moved within a range of $47.37 – 47.37 after opening trading at $47.37.

FFW Corporation Announces Quarterly Cash Dividend, Share Repurchase

The company will pay the dividend to shareholders that will be on record as of March 17 2022, on March 31, 2022. At the end of January 31, 2022, FFW Corporation shares’ book value was $47.00 per share. At the end of trading on February 17, 2022, the stock’s last recorded trade was $47.37 per share, with 1.143 million shares outstanding at the time. The company has $523.9 million in assets and $53.7 million in shareholders’ equity. FFW Corporation’s Board of Directors and Crossroads Bank’s Board of Directors will continue to assess the distribution of a dividend on a periodic basis.

The company has a walk-in stock repurchase program in place. Repurchases of stock can be made at the business headquarters, which is situated at 1205 N. Cass St., Wabash, IN 46992. So investors should watch FFWC. 

Traders Corner

FFWC stock is above the 20-Day and 50-Day Moving averages of $47.30 and $47.74 respectively. The stock is trading in the neutral zone with the RSI at 69.