First Merchants Corporation 7.50% Preferred Series A declares $0.4688 quarterly dividend

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First Merchants Corporation announced a quarterly cash dividend of $0.4688 per share on its 7.50% Preferred Series A stock, in line with the previous payout. The dividend is payable on August 14 to shareholders of record as of July 30, with the ex-dividend date also set for July 30. Based on the current price, the forward yield is 7.27%.

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Financials▲ · 1 stocks
First Merchants Corporation
FRME
▲ PositiveCapitalrelevance

Company declares quarterly dividend on preferred stock, indicating stable financial policy and return to shareholders.

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