FRME Dividend History, Dates & Yield

B

First Merchants Corporation · Financial Services

Current Price
$40.53
Dividend Yield
3.55%
Annual Dividend
$1.44
Frequency
Quarterly
Payout Ratio
42.20%
Next Ex-Date
TBA
B
Overall
B
Yield
C
Growth
B-
Safety
A+
Consistency
B-
Performance
vs Financial Services sector · See methodology →

Dividend Growth & Streak

Payout Ratio
42.20%
FCF Payout Ratio
31.30%
5Y Growth Rate
6.58%
1Y Growth Rate
-17.82%
Consecutive Increases
0 years
Consecutive Payments
38 years

Payment History

21 payments (of 148 total)
Ex-DateAmount
Mar 6, 2026$0.3600
Dec 5, 2025$0.3600
Sep 5, 2025$0.3600
Jun 6, 2025$0.3600
Mar 7, 2025$0.3500
Dec 6, 2024$0.3500
Dec 5, 2024$0.3500
Sep 6, 2024$0.3500
Jun 7, 2024$0.3500
Feb 29, 2024$0.3400
Nov 30, 2023$0.3400
Aug 31, 2023$0.3400
Jun 1, 2023$0.3400
Mar 2, 2023$0.3200
Dec 1, 2022$0.3200
Sep 1, 2022$0.3200
Jun 2, 2022$0.3200
Mar 3, 2022$0.2900
Dec 2, 2021$0.2900
Sep 2, 2021$0.2900
Jun 3, 2021$0.2900

5-Year Yield Range

Where FRME's yield sits today
Avg 3.51%High 4.36%Low 2.70%Current 3.55%
2.70%4.36%

Frequently Asked Questions

Does First Merchants Corporation pay dividends?

Yes, First Merchants Corporation (FRME) pays a quarterly dividend of $1.44 per share annually, yielding 3.55%.

How much does FRME pay in dividends per year?

FRME pays $1.44 per share annually in quarterly payments.

Is FRME's dividend safe?

FRME has a payout ratio of 42.2% and has paid dividends for 38 consecutive years. Its dividend safety grade is B-.

What is FRME's dividend growth rate?

FRME has grown its dividend at 6.58% annually over the past 5 years.

Has FRME ever cut its dividend?

Yes, FRME's last dividend decrease was on Jan 1, 2025.

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