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, June 17th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.56 per share by the bank on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, July 1st.

First Financial Corporation Indiana has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. First Financial Corporation Indiana has a payout ratio of 37.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect First Financial Corporation Indiana to earn $7.60 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 29.5%.

First Financial Corporation Indiana Stock Performance

Shares of NASDAQ THFF traded down $0.87 during midday trading on Wednesday, reaching $72.88. 162,937 shares of the company were exchanged, compared to its average volume of 80,192. The stock has a market cap of $866.54 million, a P/E ratio of 10.72 and a beta of 0.43. First Financial Corporation Indiana has a 1 year low of $49.72 and a 1 year high of $75.61. The stock has a fifty day simple moving average of $68.12 and a 200 day simple moving average of $64.92. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.32.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings data on Tuesday, April 28th. The bank reported $1.67 EPS for the quarter, beating the consensus estimate of $1.64 by $0.03. First Financial Corporation Indiana had a return on equity of 12.81% and a net margin of 22.82%.The firm had revenue of $68.15 million during the quarter, compared to the consensus estimate of $69.57 million. On average, research analysts forecast that First Financial Corporation Indiana will post 7.32 earnings per share for the current fiscal 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.