First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

January 18, 2024

https://www.globenewswire.com/news-release/2024/01/18/2811907/0/en/First-Merchants-Corporation-Announces-Cash-Dividend-on-Its-Preferred-Stock.html

MUNCIE, Ind., Jan. 18, 2024 (GLOBE NEWSWIRE) — First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ:FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on February 15, 2024, to stockholders of record on January 31, 2024.

Read more at globenewswire.com

Related news for (FRME)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.