DIVIDEND ANNOUNCEMENT: First Merchants Corp (NASDAQ:FRME) on 05/10/2022 declared a dividend of $0.3200 per share

First Merchants Corp (NASDAQ:FRME) on 05/10/2022 declared a dividend of $ 0.3200 per share payable on June 17, 2022 to shareholders of record as of June 03, 2022. Dividend amount recorded is an increase of $ 0.03 from last dividend Paid.

First Merchants Corp (NASDAQ:FRME) has paid dividends since 1993, has a current dividend yield of 3.2282469273% and has increased its dividends for 10 successive years.

First Merchants Corp's market cap is $ 2,134,002,650 and has a PE ratio of 10.41. The stock price closed yesterday at $ 39.65 and has a 52 week low/high of $ 37.67 and $ 48.59.

First Merchants is a financial holding company. Through its subsidiary, First Merchants Bank (the Bank), Co. provides a range of financial services, including accepting time, savings and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; providing brokerage and private wealth management; and providing letters of credit, repurchase agreements and other services. The Bank generates commercial, mortgage, and consumer loans and receives deposits from customers located primarily in central and northern Indiana, northeast Illinois, central Ohio and southeast Michigan counties.

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