First Financial Corporation Indiana (NASDAQ:THFF) Announces Dividend Increase - $0.56 Per Share

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) announced a quarterly dividend on Thursday, December 18th. Stockholders of record on Friday, January 2nd will be paid a dividend of 0.56 per share by the bank on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, January 2nd. This is a 9.8% increase from First Financial Corporation Indiana's previous quarterly dividend of $0.51.First Financial Corporation Indiana has increased 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 33.7% meaning its dividend is sufficiently covered by earnings. Equities research 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 $2.04 annual dividend with an expected future payout ratio of 34.3%. First Financial Corporation Indiana Price PerformanceShares of NASDAQ:THFF opened at $65.57 on Friday. The company has a 50 day moving average of $57.37 and a 200 day moving average of $56.10. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The stock has a market cap of $777.00 million, a P/E ratio of 10.51 and a beta of 0.43. First Financial Corporation Indiana has a 12 month low of $42.05 and a 12 month high of $65.79. First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The bank reported $1.75 EPS for the quarter, beating the consensus estimate of $1.61 by $0.14. The firm had revenue of $65.75 million during the quarter, compared to the consensus estimate of $65.53 million. First Financial Corporation Indiana had a net margin of 21.70% and a return on equity of 12.70%. As a group, sell-side analysts forecast that First Financial Corporation Indiana will post 5.41 EPS for the current fiscal year. First Financial Corporation Indiana Company Profile (Get Free Report)First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.Further ReadingFive stocks we like better than First Financial Corporation IndianaWhat is the Nasdaq? Complete Overview with HistoryRocket Lab's Sharp Rebound: What's Behind the Recent MomentumWhat to Know About Investing in Penny StocksJabil Is Flying Under the Radar—But a 50% Surge May Be ComingHealth Care Stocks Explained: Why You Might Want to InvestQualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in First Financial Corporation Indiana Right Now?Before you consider First Financial Corporation Indiana, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Financial Corporation Indiana wasn't on the list.While First Financial Corporation Indiana currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here