First Merchants Co. (NASDAQ:FRMEP – Get Free Report) declared a quarterly dividend on Tuesday, October 15th, Wall Street Journal reports. Investors of record on Thursday, October 31st will be given a dividend of 0.4688 per share on Friday, November 15th. This represents a $1.88 annualized dividend and a yield of 7.37%. The ex-dividend date of this dividend is Thursday, October 31st.
First Merchants Price Performance
NASDAQ FRMEP remained flat at $25.46 during midday trading on Thursday. The stock’s fifty day simple moving average is $25.32 and its 200 day simple moving average is $25.29. First Merchants has a fifty-two week low of $22.79 and a fifty-two week high of $26.43.
About First Merchants
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