WABASH - FFW Corporation, parent corporation of Crossroads Bank, has approved a quarterly cash dividend of $0.31 per share of common stock. The dividend is payable Dec. 26 to shareholders of record on Dec. 12.
The book value of FFW Corporation stock was $50.14 per share as of Oct. 31. The last reported trade of stock at the close of business on Nov. 25 was $45.53 per share and the number of outstanding shares was 1,087,250 as of the same date. On Oct. 31, the corporation had assets of $579.5 million and shareholders' equity of $54.5 million.
The Board of FFW Corporation and Crossroads Bank will continue to evaluate the payment of a dividend on a quarterly basis.