DIVIDEND ANNOUNCEMENT: First Merchants Corp (NASDAQ:FRME) on 05/10/2023 declared a dividend of $0.3400 per share

First Merchants Corp (NASDAQ:FRME) on 05/10/2023 declared a dividend of $ 0.3400 per share payable on June 16, 2023 to shareholders of record as of June 02, 2023. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

First Merchants Corp (NASDAQ:FRME) has paid dividends since 1993, has a current dividend yield of 4.9766716957% and has increased its dividends for 11 successive years.

First Merchants Corp's market cap is $ 1,534,995,320 and has a PE ratio of 6.75. The stock price closed yesterday at $ 25.72 and has a 52 week low/high of $ 25.07 and $ 45.04.

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, public finance 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 corporate 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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