First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
First Merchants has announced a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. The dividend will be distributed through depositary shares (NASDAQ: FRMEP), with holders receiving $0.4688 per depositary share.
The dividend payment is scheduled for February 15, 2025, with a record date of January 31, 2025. Each depositary share represents a 1/100th interest in a share of the Series A preferred stock. First Merchants , headquartered in Muncie, Indiana, operates through First Merchants Bank and its division First Merchants Private Wealth Advisors.
First Merchants ha annunciato un dividendo in contante trimestrale di $46,88 per azione sulle sue azioni privilegiate perpetue non cumulative di Serie A con un tasso del 7,50%. Il dividendo sarà distribuito tramite azioni di deposito (NASDAQ: FRMEP), con i possessori che riceveranno $0,4688 per azione di deposito.
Il pagamento del dividendo è programmato per il 15 febbraio 2025, con una data di registrazione del 31 gennaio 2025. Ogni azione di deposito rappresenta un interesse di 1/100 di un'azione delle azioni privilegiate di Serie A. First Merchants, con sede a Muncie, Indiana, opera tramite First Merchants Bank e la sua divisione First Merchants Private Wealth Advisors.
First Merchants ha anunciado un dividendo en efectivo trimestral de $46.88 por acción en sus acciones preferentes perpetuas no acumulativas de la Serie A con un 7.50%. El dividendo se distribuirá a través de acciones de depósito (NASDAQ: FRMEP), con los titulares recibiendo $0.4688 por acción de depósito.
El pago del dividendo está programado para el 15 de febrero de 2025, con una fecha de registro del 31 de enero de 2025. Cada acción de depósito representa un interés de 1/100 en una acción de las acciones preferentes de la Serie A. First Merchants, con sede en Muncie, Indiana, opera a través de First Merchants Bank y su división First Merchants Private Wealth Advisors.
퍼스트 머천츠는 7.50% 비누적 영구 우선주 A 시리즈에 대해 주당 $46.88의 분기 현금 배당금을 발표했습니다. 배당금은 예탁주식(나스닥: FRMEP)을 통해 분배되며, 보유자는 예탁주식당 $0.4688을 받게 됩니다.
배당금 지급은 2025년 2월 15일로 예정되어 있으며, 기준일은 2025년 1월 31일입니다. 각 예탁주식은 A 시리즈 우선주 1/100의 지분을 대표합니다. 퍼스트 머천츠는 인디애나주 먼시에 본사를 두고 있으며, 퍼스트 머천츠 뱅크와 그 부서인 퍼스트 머천츠 개인 자산 고문을 통해 운영됩니다.
First Merchants a annoncé un dividende en espèces trimestriel de 46,88 $ par action sur ses actions privilégiées perpétuelles non cumulatives de série A avec un taux de 7,50 %. Le dividende sera distribué par le biais d'actions de dépôt (NASDAQ : FRMEP), les détenteurs recevant 0,4688 $ par action de dépôt.
Le paiement du dividende est prévu pour le 15 février 2025, avec une date d'enregistrement au 31 janvier 2025. Chaque action de dépôt représente un intérêt de 1/100 d'une action des actions privilégiées de série A. First Merchants, dont le siège est à Muncie, Indiana, opère par l'intermédiaire de First Merchants Bank et de sa division First Merchants Private Wealth Advisors.
First Merchants hat eine vierteljährliche Barausschüttung von $46,88 pro Aktie auf ihre 7,50% nicht kumulierten ewigen Vorzugsaktien der Serie A angekündigt. Die Ausschüttung erfolgt über Hinterlegungsscheine (NASDAQ: FRMEP), wobei die Inhaber $0,4688 pro Hinterlegungsschein erhalten.
Die Auszahlung des Dividends ist für den 15. Februar 2025 geplant, mit einem Stichtag am 31. Januar 2025. Jeder Hinterlegungsschein repräsentiert einen Anteil von 1/100 an einer Aktie der Vorzugsaktien der Serie A. First Merchants hat seinen Hauptsitz in Muncie, Indiana, und operiert über die First Merchants Bank und deren Abteilung First Merchants Private Wealth Advisors.
- Consistent dividend payment maintained for preferred stockholders
- 7.50% dividend yield on preferred stock indicates strong income generation
- None.
MUNCIE, Ind., Jan. 15, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of
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. Depositary shares representing a 1/100th interest in a share of First Merchants Corporation’s
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
FAQ
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