First Merchants (FRME) Dividend Yield, Date & History

First Merchants Dividend - Frequently Asked Questions

What is First Merchants's dividend yield?

The current dividend yield for First Merchants is 3.75%. Learn more on FRME's dividend yield history.

How much is First Merchants's annual dividend?

The annual dividend for FRME shares is $1.40. Learn more on FRME's annual dividend history.

How often does First Merchants pay dividends?

First Merchants pays quarterly dividends to shareholders.

When was First Merchants's most recent dividend payment?

First Merchants's most recent quarterly dividend payment of $0.35 per share was made to shareholders on Friday, September 20, 2024.

When was First Merchants's most recent ex-dividend date?

First Merchants's most recent ex-dividend date was Friday, September 6, 2024.

Is First Merchants's dividend growing?

Over the past three years, the company's dividend has grown by an average of 8.82% per year.

What track record does First Merchants have of raising its dividend?

First Merchants has increased its dividend for the past 13 consecutive years.

When did First Merchants last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Tuesday, May 7, 2024.

What is First Merchants's dividend payout ratio?

The dividend payout ratio for FRME is:

• 40.35% based on the trailing year of earnings
• 42.55% based on this year's estimates
• 39.22% based on next year's estimates
• 32.43% based on cash flow

Is First Merchants a good dividend stock?

First Merchants' dividend yield of 3.75% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. First Merchants' dividend payout ratio of 40.35% is at a healthy, sustainable level, below 75% of its earnings.