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First Merchants Corporation Announces Cash Dividend

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First Merchants Corporation (NASDAQ: FRME) declared a cash dividend of $0.26 per share on August 6, 2020. The dividend is set to be paid on September 18, 2020, to shareholders recorded by September 4, 2020. The ex-dividend date is September 3, 2020. First Merchants Corporation, headquartered in Muncie, Indiana, operates First Merchants Bank and its wealth advisory division.

Positive
  • Declared a cash dividend of $0.26 per share, enhancing shareholder income.
  • Dividend payment demonstrates company confidence in financial stability.
Negative
  • None.

MUNCIE, Ind., Aug. 06, 2020 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on August 6, 2020 of $0.26 per share.  The dividend is payable on September 18, 2020, to shareholders of record as of September 4, 2020.  For purposes of broker trading, the ex-date of the cash dividend is September 3, 2020.

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


FAQ

What is the dividend amount for FRME in 2020?

The dividend amount for FRME in 2020 is $0.26 per share.

When is the dividend payment date for FRME?

The dividend payment date for FRME is September 18, 2020.

What is the ex-dividend date for FRME?

The ex-dividend date for FRME is September 3, 2020.

Who are the shareholders of record for the FRME dividend?

The shareholders of record for the FRME dividend are those recorded by September 4, 2020.

First Merchants Corp

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