First Merchants Corp ticker dps (an.) 2024 hike 2023 hike 2022 hike
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First Merchants Corporation (FRME) will raise its quarterly dividend by18.2 percent to $0.26 per share in the second quarter of 2019. This marks the 8th year of dividend increases by FRME.

The next dividend is payable on June 21, 2019, to shareholders of record as of May 20, 2019. A new annual rate of $1.04 per share yields 2.8% at a stock price of $37.52.

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation is comprised of First Merchants Bank, which also operates as Lafayette Bank & Trust, and First Merchants Private Wealth Advisors which operates as a division of First Merchants Bank.