First Merchants Corporation Announces Cash Dividend
On February 9, 2021, First Merchants Corporation announced a cash dividend of $0.26 per share, scheduled for payout on March 19, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On February 9, 2021, First Merchants Corporation announced a cash dividend of $0.26 per share, scheduled for payout on March 19, 2021. Shareholders on record as of March 5, 2021 will receive the dividend, with the ex-date set for March 4, 2021. Headquartered in Muncie, Indiana, First Merchants Corporation operates as a financial holding company and its stock is traded on the NASDAQ under the symbol FRME.
Positive
- Declared a cash dividend of $0.26 per share, reflecting confidence in financial stability.
- Dividend scheduled for payout on March 19, 2021, offering shareholder income.
Negative
- None.
Details
News Market Reaction – FRME
The recorded move for FRME in the trading session of this news was -1.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MUNCIE, Ind., Feb. 10, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on February 9, 2021 of
About First Merchants Corporation:
First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).
First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).
FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.
For more information, contact:
Nicole M. Weaver, Vice President and Director of Corporate Administration
765-521-7619
http://www.firstmerchants.com
FAQ
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