S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Bill Gates is raving about WHAT?! (Ad)
How major US stock indexes fared Friday, 2/23/2024
MarketBeat Week in Review – 2/19 - 2/23
Bill Gates is raving about WHAT?! (Ad)
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Closing prices for crude oil, gold and other commodities
NEW: Federal Reserve launches bank account overhaul (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Mike Tyson’s Wisdom: Life, Planning, and Resilience
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Bill Gates is raving about WHAT?! (Ad)
How major US stock indexes fared Friday, 2/23/2024
MarketBeat Week in Review – 2/19 - 2/23
Bill Gates is raving about WHAT?! (Ad)
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Closing prices for crude oil, gold and other commodities
NEW: Federal Reserve launches bank account overhaul (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Mike Tyson’s Wisdom: Life, Planning, and Resilience
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Bill Gates is raving about WHAT?! (Ad)
How major US stock indexes fared Friday, 2/23/2024
MarketBeat Week in Review – 2/19 - 2/23
Bill Gates is raving about WHAT?! (Ad)
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Closing prices for crude oil, gold and other commodities
NEW: Federal Reserve launches bank account overhaul (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Mike Tyson’s Wisdom: Life, Planning, and Resilience
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Bill Gates is raving about WHAT?! (Ad)
How major US stock indexes fared Friday, 2/23/2024
MarketBeat Week in Review – 2/19 - 2/23
Bill Gates is raving about WHAT?! (Ad)
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Closing prices for crude oil, gold and other commodities
NEW: Federal Reserve launches bank account overhaul (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Mike Tyson’s Wisdom: Life, Planning, and Resilience

First Merchants (FRME) Dividend Yield, Date & History

$34.13
+0.24 (+0.71%)
(As of 02/23/2024 ET)

Dividend Summary

Dividend Yield
3.98%
Annual Dividend
$1.36
Dividend Increase
Track Record
12 Years
Annualized 3-Year
Dividend Growth
8.82%
Dividend Payout Ratio
36.36%
Next
Dividend Payment
Mar. 15
Skip Charts & View Dividend History

First Merchants vs. The Competition

TypeFirst MerchantsFinance CompaniesNASDAQ Companies
Annual Dividend$1.36$1.71$1.22
Dividend Yield3.98%1,027.77%386.63%
Annualized 3-Year Dividend Growth8.82%861.90%1,393.96%
Track Record12 years7 years7 years

First Merchants Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings36.36%
Based on This Year's Estimates40.36%
Based on Next Year's Estimates38.97%
Based on Cashflow31.36%

First Merchants Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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
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 3.98%. Learn more on FRME's dividend yield history.

How much is First Merchants's annual dividend?

The annual dividend for FRME shares is $1.36. 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 $0.34 per share will be made to shareholders on Friday, March 15, 2024.

When was First Merchants's most recent dividend payment?

First Merchants's most recent quarterly dividend payment of $0.34 per share was made to shareholders on Friday, December 15, 2023.

When is First Merchants's ex-dividend date?

First Merchants's next ex-dividend date is Thursday, February 29, 2024.

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

First Merchants's most recent ex-dividend date was Thursday, November 30, 2023.

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 12 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 $0.02 on Wednesday, May 10, 2023.

What is First Merchants's dividend payout ratio?
The dividend payout ratio for FRME is:
  • 36.36% based on the trailing year of earnings
  • 40.36% based on this year's estimates
  • 38.97% based on next year's estimates
  • 31.36% based on cash flow

More Dividend Resources from MarketBeat

This page (NASDAQ:FRME) was last updated on 2/24/2024 by MarketBeat.com Staff