dividend
confidence high
sentiment neutral
materiality 0.25
First Merchants declares Series A preferred dividend of $46.88 per share
FIRST MERCHANTS CORP
- Quarterly cash dividend of $46.88 per share on 7.50% Non-Cumulative Perpetual Preferred Stock Series A.
- Depositary share holders receive $0.4688 per depositary share.
- Dividend payable August 15, 2024 to stockholders of record on July 30, 2024.
- No change in dividend rate; routine quarterly declaration.