First Merchants Corporation Announces Cash Dividend

Rhea-AI Summary

First Merchants Corporation declares cash dividend of $0.34 per share

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• First Merchants Corporation declares cash dividend of $0.34 per share

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• None.

MUNCIE, Ind., Aug. 09, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on August 9, 2023 of $0.34 per share. The dividend is payable on September 15, 2023, to shareholders of record as of September 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is August 31, 2023.

About First Merchants Corporation:

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).

First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).

FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.

For more information, contact:
Nicole M. Weaver, Vice President and Director of Corporate Administration
765-521-7619
http://www.firstmerchants.com

SOURCE: First Merchants Corporation (NASDAQ: FRME)

FAQ

When is the dividend payable?

The dividend is payable on September 15, 2023.

What is the ex-date of the cash dividend?

The ex-date of the cash dividend is August 31, 2023.

How much is the cash dividend per share?

The cash dividend is $0.34 per share.

Who is eligible for the dividend?

Shareholders of record as of September 1, 2023 are eligible for the dividend.