FFW Corporation, Crossroads Bank Announce Quarterly Cash Dividend
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WABASH - FFW Corporation, parent corporation of Crossroads Bank, has approved a quarterly cash dividend of $0.28 per share of common stock. The dividend is payable March 31 to shareholders of record as of March 17.
The book value of FFW Corporation stock was $42.92 per share as of Jan. 31. The last reported trade of stock at the close of business on Feb. 28 was $44.90 per share and the number of outstanding shares was 1,129,855 as of the same date. On Jan. 31, the corporation had assets of $531.3 million and shareholders' equity of $48.5 million. The Board of FFW Corporation and Crossroads Bank will continue to evaluate the payment of a dividend on a quarterly basis.
