First Merchants declares preferred stock dividend
First Merchants Corporation reported that its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is $46.88 per preferred share, which equals $0.4688 per depositary share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
First Merchants Corporation reported that its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is $46.88 per preferred share, which equals $0.4688 per depositary share. The dividend is payable on February 16, 2026 to stockholders of record as of January 30, 2026.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend did First Merchants (FRME) declare on its preferred stock?
Which First Merchants security receives the new dividend?
When will First Merchants pay the Series A preferred dividend?
What is the record date for First Merchants Series A preferred dividend?
Does this 8-K dividend relate to First Merchants common stock (FRME)?
What exhibit is attached to this First Merchants 8-K filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.