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First Merchants (FRME) Dividend Yield, Date & History

First Merchants logo
$40.11 +0.51 (+1.29%)
Closing price 04:00 PM Eastern
Extended Trading
$40.12 +0.02 (+0.04%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

First Merchants Dividend Summary

Dividend Yield
3.59%
Annual Dividend
$1.44
Next
Dividend Payment
Jun. 19
Dividend Increase
Track Record
13 Years
Annualized 5-Year
Dividend Growth
6.58%
Dividend Payout Ratio
42.35%

First Merchants (FRME) pays an annual dividend of $1.44 per share, with a dividend yield of 3.59%. The next quarterly payment of $0.37 per share is scheduled for Friday, June 19, to investors who own the stock before the ex-dividend date of Friday, June 5. FRME has grown its dividend for 13 consecutive years, with an average annual increase of 6.58% in the past 5 years. The company currently pays out 42.35% of its earnings and 32.10% of its cash flow as dividends.

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Skip Charts & View Dividend History

FRME Dividend Payments by Quarter

The chart below displays up to four years of First Merchants' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

FRME Dividend Yield Over Time

The chart below tracks First Merchants' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

First Merchants vs. The Competition

Compare First Merchants' annual dividend and yield with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeFirst MerchantsFinance CompaniesNASDAQ Companies
Annual Dividend$1.44$0.02$1.61
Dividend Yield3.60%5.86%5.32%
Track Record13 years8 years10 years

First Merchants Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings42.35%
Based on This Year's Estimate33.96%
Based on Next Year's Estimate31.79%
Based on Cashflow32.21%

First Merchants Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
5/19/2026quarterly$0.37+$0.01
2.78%
3.74%6/5/20266/5/20266/19/2026
2/9/2026quarterly$0.36 - 3.83%3/6/20263/6/20263/20/2026
11/14/2025quarterly$0.36 - 3.86%12/5/202512/5/202512/19/2025
8/15/2025quarterly$0.36 - 3.51%9/5/20259/5/20259/19/2025
5/16/2025quarterly$0.36+$0.01
2.86%
3.68%6/6/20256/6/20256/20/2025
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2/7/2025quarterly$0.35 - 3.13%3/7/20253/7/20253/21/2025
11/12/2024quarterly$0.35 - 3.2%12/6/202412/6/202412/20/2024
8/16/2024quarterly$0.35 - 3.75%9/6/20249/6/20249/20/2024

This table shows First Merchants' quarterly dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

First Merchants Dividend - Frequently Asked Questions

The current dividend yield for First Merchants is 3.60%. Learn more on FRME's dividend yield history.

The annual dividend for FRME shares is $1.44. Learn more on FRME's annual dividend history.

First Merchants pays quarterly dividends to shareholders.

First Merchants' next quarterly dividend payment of $0.37 per share will be made to shareholders on Friday, June 19, 2026.

First Merchants' most recent quarterly dividend payment of $0.36 per share was made to shareholders on Friday, March 20, 2026.

First Merchants' next ex-dividend date is Friday, June 5, 2026.

First Merchants' most recent ex-dividend date was Friday, March 6, 2026.

Over the past five years, the company's dividend has grown by an average of 6.58% per year.

First Merchants has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Tuesday, May 19, 2026.

The dividend payout ratio for FRME is:
  • 42.35% based on the trailing year of earnings
  • 33.96% based on this year's estimates
  • 31.79% based on next year's estimates
  • 32.21% based on cash flow

First Merchants' dividend yield of 3.64% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. First Merchants' dividend payout ratio of 42.35% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate First Merchants stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:FRME) was last updated on 5/20/2026 by MarketBeat.com Staff.
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