First Merchants (NASDAQ: FRME) sets $0.37 dividend for June 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
First Merchants Corporation declared a cash dividend of $0.37 per common share. The dividend will be paid on June 19, 2026 to common shareholders who are on the company’s books as of the record date of June 5, 2026. This reflects an ongoing return of cash to shareholders from the Muncie, Indiana-based financial holding company.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Dividend per share: $0.37 per common share
Dividend payment date: June 19, 2026
Dividend record date: June 5, 2026
+1 more
4 metrics
Dividend per share
$0.37 per common share
Declared May 19, 2026
Dividend payment date
June 19, 2026
Cash dividend payable date
Dividend record date
June 5, 2026
Shareholders of record eligible for dividend
Common stock stated value
$0.125 per share
Stated value of common stock class
Key Terms
cash dividend, record date, financial holding company, Depositary Shares
4 terms
cash dividend financial
"announcing the declaration of a cash dividend of $0.37 per common share"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
record date financial
"payable on June 19, 2026 to common stockholders of record as of June 5, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
financial holding company financial
"First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana."
A financial holding company is a parent firm that owns and oversees banks and other financial businesses, such as lending, insurance, or investment services. It matters to investors because it bundles several money-making activities under one roof—like a parent managing several children—so returns, risks, and regulatory rules for banking apply to the whole group; trouble in one unit can affect the company’s profits, capital needs, and dividends.
FAQ
What dividend did First Merchants Corporation (FRME) declare in May 2026?
First Merchants Corporation declared a cash dividend of $0.37 per common share. The dividend was approved on May 19, 2026, continuing the bank holding company’s practice of returning cash directly to its common shareholders through regular dividends.
When will First Merchants (FRME) pay its $0.37 cash dividend?
The $0.37 per share cash dividend will be paid on June 19, 2026. Shareholders who remain on the company’s register through that payment date will receive the dividend in cash from First Merchants Corporation’s common stock program.
What is the record date for First Merchants (FRME) June 2026 dividend?
The dividend record date is June 5, 2026. Investors must be common shareholders of record on that date to receive the $0.37 per share cash dividend that will be paid on June 19, 2026, as disclosed by the company.
On which exchange is First Merchants Corporation (FRME) common stock traded?
First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market under the symbol FRME. The company notes that market quotations for its common shares are carried in daily newspapers and on its corporate website.
What type of company is First Merchants Corporation (FRME)?
First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. It operates one full-service bank charter, First Merchants Bank, which also does business as First Merchants Private Wealth Advisors as a division of the bank.