dividend
confidence high
sentiment neutral
materiality 0.10
First Merchants declares quarterly preferred dividend of $0.4688 per depositary share
FIRST MERCHANTS CORP
- Dividend of $46.88 per share on 7.50% Non-Cumulative Perpetual Preferred Stock Series A.
- Holders of depositary shares (FRMEP) receive $0.4688 per depositary share.
- Payable August 14, 2026 to stockholders of record on July 30, 2026.
- Dividend rate unchanged at 7.50% per annum; no common dividend change announced.