First Merchants Corporation (NASDAQ:FRME) declared quarterly dividend of $ 0.26 per share, or $ 1.04 annualized.
The dividend will be payable on September 18, 2020, to stockholders of record on September 4, 2020, with an ex-dividend date of September 3, 2020.
Dividends History
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Stock Performance
According to the previous trading day, closing price of FRME was $ 24.94, representing a 17.75 % increase from the 52 week low of $ 21.18 and a 41.29 % decrease over the 52 week high of $ 42.48.
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The company has a market capital of $ 1.35 billion and is part of the Financial Services sector and Banks – Regional – US industry.
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. The company also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services, as well as electronic and mobile delivery channels.
