First Merchants's latest quarterly cash dividend of $0.29 per share was issued to shareholders on record before Sep 2, 2021. The dividend distribution stands at $1.1 per share annually, which comes to a dividend yield of 2.76%.
FRME next dividend date: Dec 2, 2021
First Merchants's dividend yield of 2.76% is higher than the Financial Services sector, the industry and its peers average.
First Merchants has been paying dividends for the last 27 years. Our records show that FRME has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. However with the price of the stock up by 20% from a year ago, the dividend yield has a decrease of 12%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Aug 10, 2021 | Sep 2, 2021 | Sep 17, 2021 | $0.29 | normal |
| May 11, 2021 | Jun 3, 2021 | Jun 18, 2021 | $0.29 | normal |
| Feb 9, 2021 | Mar 4, 2021 | Mar 19, 2021 | $0.26 | normal |
| Nov 5, 2020 | Dec 3, 2020 | Dec 18, 2020 | $0.26 | normal |
| Aug 5, 2020 | Sep 3, 2020 | Sep 18, 2020 | $0.26 | normal |
| May 13, 2020 | Jun 4, 2020 | Jun 19, 2020 | $0.26 | normal |
| Feb 5, 2020 | Mar 5, 2020 | Mar 20, 2020 | $0.26 | normal |
| Nov 7, 2019 | Dec 5, 2019 | Dec 20, 2019 | $0.26 | normal |
| Aug 8, 2019 | Aug 29, 2019 | Sep 20, 2019 | $0.26 | normal |
| May 9, 2019 | May 17, 2019 | Jun 21, 2019 | $0.26 | normal |
| Feb 5, 2019 | Feb 28, 2019 | Mar 15, 2019 | $0.22 | normal |
| Nov 7, 2018 | Dec 6, 2018 | Dec 21, 2018 | $0.22 | normal |
| Aug 14, 2018 | Sep 6, 2018 | Sep 21, 2018 | $0.22 | normal |
| May 10, 2018 | May 31, 2018 | Jun 15, 2018 | $0.22 | normal |
| Feb 8, 2018 | Mar 1, 2018 | Mar 16, 2018 | $0.18 | normal |
| Nov 9, 2017 | Nov 30, 2017 | Dec 15, 2017 | $0.18 | normal |
| Aug 10, 2017 | Aug 30, 2017 | Sep 15, 2017 | $0.18 | normal |
| May 1, 2017 | May 31, 2017 | Jun 16, 2017 | $0.18 | normal |
| Feb 9, 2017 | Mar 1, 2017 | Mar 17, 2017 | $0.15 | normal |
| Nov 15, 2016 | Nov 30, 2016 | Dec 16, 2016 | $0.15 | normal |
| Aug 11, 2016 | Aug 31, 2016 | Sep 16, 2016 | $0.14 | normal |
| May 2, 2016 | Jun 1, 2016 | Jun 17, 2016 | $0.14 | normal |
| Feb 9, 2016 | Mar 2, 2016 | Mar 18, 2016 | $0.11 | normal |
First Merchants's payout ratio of 29.2% is above its peers average but below the Financial Services sector and the industry average.