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First Merchants (FRME) Dividend Yield, Date & History

$36.39
-0.21 (-0.57%)
(As of 08/21/2024 ET)

Dividend Summary

Dividend Yield
3.85%
Annual Dividend
$1.40
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
8.82%
Dividend Payout Ratio
40.35%
Next
Dividend Payment
Sep. 20
Skip Charts & View Dividend History

First Merchants vs. The Competition

TypeFirst MerchantsFinance CompaniesNASDAQ Companies
Annual Dividend$1.40$1.88$1.22
Dividend Yield3.85%1,041.52%402.99%
Annualized 3-Year Dividend Growth8.82%13.05%14.25%
Track Record13 years16 years16 years

First Merchants Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings40.35%
Based on This Year's Estimates42.55%
Based on Next Year's Estimates39.66%
Based on Cashflow36.05%

First Merchants Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/16/2024Quarterly$0.353.75%9/6/20249/6/20249/20/2024
5/7/2024Quarterly$0.353.91%6/7/20246/7/20246/21/2024
2/6/2024Quarterly$0.344.05%2/29/20243/1/20243/15/2024
11/9/2023quarterly$0.344.3%11/30/202312/1/202312/15/2023
8/8/2023Quarterly$0.344.26%8/31/20239/1/20239/15/2023
5/10/2023Quarterly$0.345.46%6/1/20236/2/20236/16/2023
2/8/2023Quarterly$0.323.04%3/2/20233/3/20233/17/2023
11/8/2022quarterly$0.322.9%12/1/202212/2/202212/16/2022
8/10/2022Quarterly$0.323.07%9/1/20229/2/20229/16/2022
5/12/2022quarterly$0.323.3%6/2/20226/3/20226/17/2022
2/10/2022quarterly$0.292.7%3/3/20223/4/20223/18/2022
11/11/2021quarterly$0.292.7%12/2/202112/3/202112/17/2021
8/10/2021Quarterly$0.292.67%9/2/20219/3/20219/17/2021
5/12/2021quarterly$0.292.3%6/3/20216/4/20216/18/2021
2/11/2021quarterly$0.262.5%3/4/20213/5/20213/19/2021
11/9/2020quarterly$0.263.4%12/3/202012/4/202012/18/2020
8/7/2020quarterly$0.264%9/3/20209/4/20209/18/2020
5/13/2020Quarterly$0.264.5%6/4/20206/5/20206/19/2020
2/5/2020Quarterly$0.262.51%3/5/20203/6/20203/20/2020
11/7/2019Quarterly$0.262.54%12/5/201912/6/201912/20/2019
8/8/2019Quarterly$0.262.79%9/5/20199/6/20199/20/2019
5/10/2019quarterly$0.262.77%5/17/20195/20/20196/21/2019
2/6/2019quarterly$0.222.33%2/28/20193/1/20193/15/2019
11/8/2018quarterly$0.222.1%12/6/201812/7/201812/21/2018
8/14/2018Quarterly$0.221.81%9/6/20189/7/20189/21/2018
5/10/2018Quarterly$0.221.97%5/31/20186/1/20186/15/2018
2/8/2018Quarterly$0.181.73%3/1/20183/2/20183/16/2018
11/14/2017quarterly$0.181.77%11/30/201712/1/201712/15/2017
8/14/2017quarterly$0.181.81%8/30/20179/1/20179/15/2017
5/2/2017quarterly$0.181.73%5/31/20176/2/20176/16/2017
2/13/2017quarterly$0.151.47%3/1/20173/3/20173/17/2017
11/16/2016Quarterly$0.151.81%11/30/201612/2/201612/16/2016
8/15/2016quarterly$0.142.07%8/31/20169/2/20169/16/2016
5/3/2016quarterly$0.142.22%6/1/20166/3/20166/17/2016
2/11/2016quarterly$0.112%3/2/20163/4/20163/18/2016
11/19/2015quarterly$0.111.63%12/2/201512/4/201512/18/2015
8/17/2015quarterly$0.111.67%9/2/20159/4/20159/18/2015
5/5/2015quarterly$0.111.96%6/3/20156/5/20156/19/2015
2/26/2015quarterly$0.081.42%3/5/20153/9/20153/20/2015
11/14/2014quarterly$0.081.45%12/3/201412/5/201412/19/2014
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8/15/2014quarterly$0.081.59%9/3/20149/5/20149/19/2014
4/18/2014quarterly$0.081.49%6/4/20146/6/20146/20/2014
2/14/2014quarterly$0.050.96%3/5/20143/7/20143/21/2014
11/20/2013quarterly$0.050.99%12/4/201312/6/201312/20/2013
8/22/2013quarterly$0.051.1%9/4/20139/6/20139/20/2013
4/9/2013quarterly$0.051.33%5/30/20136/3/20136/17/2013
3/5/2013quarterly$0.033/13/20133/15/20133/20/2013
3/4/2013quarterly$0.030.79%2/28/20133/4/20133/18/2013
(Data available from 1/1/2013 forward)

First Merchants Dividend - Frequently Asked Questions

What is First Merchants's dividend yield?

The current dividend yield for First Merchants is 3.85%. Learn more on FRME's dividend yield history.

How much is First Merchants's annual dividend?

The annual dividend for FRME shares is $1.40. Learn more on FRME's annual dividend history.

How often does First Merchants pay dividends?

First Merchants pays quarterly dividends to shareholders.

When is First Merchants's next dividend payment?

First Merchants's next quarterly dividend payment of $0.35 per share will be made to shareholders on Friday, September 20, 2024.

When was First Merchants's most recent dividend payment?

First Merchants's most recent quarterly dividend payment of $0.35 per share was made to shareholders on Friday, June 21, 2024.

When is First Merchants's ex-dividend date?

First Merchants's next ex-dividend date is Friday, September 6, 2024.

When was First Merchants's most recent ex-dividend date?

First Merchants's most recent ex-dividend date was Friday, June 7, 2024.

Is First Merchants's dividend growing?

Over the past three years, the company's dividend has grown by an average of 8.82% per year.

What track record does First Merchants have of raising its dividend?

First Merchants has increased its dividend for the past 13 consecutive years.

When did First Merchants last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Tuesday, May 7, 2024.

What is First Merchants's dividend payout ratio?
The dividend payout ratio for FRME is:
  • 40.35% based on the trailing year of earnings
  • 42.55% based on this year's estimates
  • 39.66% based on next year's estimates
  • 36.05% based on cash flow
Is First Merchants a good dividend stock?

First Merchants' dividend yield of 3.86% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. First Merchants' dividend payout ratio of 40.35% is at a healthy, sustainable level, below 75% of its earnings.

This page (NASDAQ:FRME) was last updated on 8/22/2024 by MarketBeat.com Staff

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