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. This translates to $0.4688 per depositary share for holders of depositary shares (NASDAQ: FRMEP), each representing a 1/100th interest in a share of the Series A preferred stock. The dividend is payable on November 15, 2024, to stockholders of record on October 31, 2024.
First Merchants is a financial holding company based in Muncie, Indiana, with one full-service bank charter, First Merchants Bank. The company's common stock trades on the NASDAQ Global Select Market under the symbol FRME, while the depositary shares trade under FRMEP.
First Merchants ha annunciato un dividendo in contante trimestrale di $46,88 per azione sulle sue azioni privilegiate perpetue non cumulative di Serie A al 7,50%. Ciò si traduce in un importo di $0,4688 per azione di deposito per i detentori di azioni di deposito (NASDAQ: FRMEP), ognuna delle quali rappresenta un interesse di 1/100 in un'azione delle azioni privilegiate di Serie A. Il dividendo è pagabile il 15 novembre 2024, agli azionisti registrati il 31 ottobre 2024.
First Merchants è una società di holding finanziaria con sede a Muncie, Indiana, e opera con una banca di servizio completo, First Merchants Bank. Le azioni comuni dell'azienda vengono scambiate sul NASDAQ Global Select Market con il simbolo FRME, mentre le azioni di deposito vengono scambiate con FRMEP.
First Merchants ha anunciado un dividendo en efectivo trimestral de $46.88 por acción sobre sus acciones preferentes perpetuas no acumulativas de la Serie A al 7.50%. Esto se traduce en $0.4688 por acción depositaria para los tenedores de acciones depositarias (NASDAQ: FRMEP), cada una representando una participación de 1/100 en una acción de las acciones preferentes de la Serie A. El dividendo es pagadero el 15 de noviembre de 2024, a los accionistas registrados el 31 de octubre de 2024.
First Merchants es una compañía de holding financiero con sede en Muncie, Indiana, con un banco de servicio completo, First Merchants Bank. Las acciones comunes de la empresa se negocian en el NASDAQ Global Select Market bajo el símbolo FRME, mientras que las acciones depositarias se negocian bajo FRMEP.
First Merchants는 주당 $46.88의 분기 현금 배당금을 7.50% 비누적 영구 우선주 A 시리즈에 대해 발표했습니다. 이는 예탁주식의 보유자에게 주당 $0.4688로 변환됩니다(NASDAQ: FRMEP), 각 주식은 시리즈 A 우선주의 1/100의 지분을 나타냅니다. 배당금은 2024년 11월 15일에 지급되며, 2024년 10월 31일 기준 주주에게 지급됩니다.
First Merchants는 인디애나주 먼시에 본사를 둔 금융 지주 회사로, 완전한 서비스 은행인 First Merchants Bank를 운영하고 있습니다. 회사의 보통주식은 FRME 기호로 NASDAQ Global Select Market에서 거래되며, 예탁주식은 FRMEP 기호로 거래됩니다.
First Merchants a annoncé un dividende en espèces trimestriel de 46,88 $ par action sur ses actions privilégiées perpétuelles non cumulatives de la série A à 7,50 %. Cela se traduit par 0,4688 $ par action dépositaire pour les détenteurs d'actions dépositaire (NASDAQ : FRMEP), chacune représentant un intérêt de 1/100 d'une action des actions privilégiées de la série A. Le dividende est payable le 15 novembre 2024, aux actionnaires enregistrés le 31 octobre 2024.
First Merchants est une société de holding financière basée à Muncie, Indiana, avec une banque de services complets, First Merchants Bank. Les actions ordinaires de la société se négocient sur le NASDAQ Global Select Market sous le symbole FRME, tandis que les actions dépositaire se négocient sous FRMEP.
First Merchants hat eine vierteljährliche Barausschüttung von 46,88 $ pro Aktie auf ihre 7,50% nicht kumulierten ewigen Vorzugsaktien der Serie A angekündigt. Dies entspricht 0,4688 $ pro Hinterlegungsaktie für Inhaber von Hinterlegungsaktien (NASDAQ: FRMEP), von denen jede ein 1/100-Anteil an einer Aktie der Vorzugsaktien der Serie A darstellt. Die Dividende ist am 15. November 2024 fällig und wird an Aktionäre ausgezahlt, die am 31. Oktober 2024 verzeichnet sind.
First Merchants ist ein Finanzholdingunternehmen mit Sitz in Muncie, Indiana, und verfügt über eine vollumfängliche Banklizenz, die First Merchants Bank. Die Stammaktien des Unternehmens werden unter dem Symbol FRME am NASDAQ Global Select Market gehandelt, während die Hinterlegungsansprüche unter FRMEP gehandelt werden.
- Declared quarterly cash dividend of $46.88 per share on preferred stock
- Dividend payout demonstrates company's ability to generate returns for shareholders
- Consistent dividend payments may indicate financial stability
- None.
MUNCIE, Ind., Oct. 15, 2024 (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
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