First Merchants Corporation Announces Cash Dividend
Rhea-AI Summary
First Merchants (FRME) has announced a cash dividend of $0.35 per share, as declared on November 12, 2024. The dividend will be payable on December 20, 2024, to shareholders of record as of December 6, 2024. The ex-dividend date is set for December 5, 2024. First Merchants operates through First Merchants Bank and its division First Merchants Private Wealth Advisors, providing financial services from its headquarters in Muncie, Indiana.
Positive
- Maintained quarterly dividend payment of $0.35 per share, demonstrating stable shareholder returns
Negative
- None.
News Market Reaction – FRME
In the trading session that priced this news, FRME declined 2.18%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MUNCIE, Ind., Nov. 13, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on November 12, 2024 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, First Vice President and Director of Corporate Administration
765-521-7619
http://www.firstmerchants.com
