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 February 7, 2025. The dividend will be payable on March 21, 2025, to shareholders of record as of March 7, 2025, with an ex-dividend date of March 6, 2025.

First Merchants , headquartered in Muncie, Indiana, operates through its full-service bank charter, First Merchants Bank, which includes First Merchants Private Wealth Advisors as a division. The company's stock trades on the NASDAQ Global Select Market under the symbol FRME.

Positive

• Maintained quarterly dividend payment of $0.35 per share
• Continues to provide steady income stream to shareholders

Negative

• None.

MUNCIE, Ind., Feb. 07, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on February 7, 2025 of $0.35 per share. The dividend is payable on March 21, 2025, to common shareholders of record as of March 7, 2025. For purposes of broker trading, the ex-date of the cash dividend is March 6, 2025.

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

FAQ

What is the amount of First Merchants 's (FRME) latest dividend?

First Merchants 's latest dividend is $0.35 per share, as announced on February 7, 2025.

When is the payment date for FRME's recent dividend announcement?

The dividend payment date is March 21, 2025.

What is the record date for First Merchants' (FRME) latest dividend?

The record date for the dividend is March 7, 2025.

What is the ex-dividend date for FRME's latest dividend?

The ex-dividend date is March 6, 2025.

Where is First Merchants (FRME) headquartered?

First Merchants is headquartered in Muncie, Indiana.