dividend
confidence high
sentiment neutral
materiality 0.25
First Merchants declares quarterly dividend on Series A preferred stock
FIRST MERCHANTS CORP
- Quarterly dividend of $46.88 per preferred share ($0.4688 per depositary share).
- Payable May 15, 2025 to holders of record April 30, 2025.
- Dividend is on 7.50% Non-Cumulative Perpetual Preferred Stock Series A (FRMEP).
- No change to the stated dividend rate or declaration pattern.