FRME - NASDAQ
First Merchants Corporation
$38.90
-1.6%First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
At a Glance
Live SnapshotFirst Merchants Corporation Dividend History
FRME Dividend Payment History
Total Payments
50
Latest Dividend
$0.3700
Annual Amount
$1.8100
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 19, 2026 | Jun 5, 2026 | Jun 19, 2026 | $0.3700 | $0.3700 | Quarterly | +2.78% |
Feb 9, 2026 | Mar 6, 2026 | Mar 20, 2026 | $0.3600 | $0.3600 | Quarterly | 0.00% |
Nov 14, 2025 | Dec 5, 2025 | Dec 19, 2025 | $0.3600 | $0.3600 | Quarterly | 0.00% |
Aug 15, 2025 | Sep 5, 2025 | Sep 19, 2025 | $0.3600 | $0.3600 | Quarterly | 0.00% |
May 16, 2025 | Jun 6, 2025 | Jun 20, 2025 | $0.3600 | $0.3600 | Quarterly | +2.86% |
Feb 7, 2025 | Mar 7, 2025 | Mar 21, 2025 | $0.3500 | $0.3500 | Quarterly | 0.00% |
Nov 13, 2024 | Dec 6, 2024 | Dec 20, 2024 | $0.3500 | $0.3500 | Quarterly | 0.00% |
Aug 16, 2024 | Sep 6, 2024 | Sep 20, 2024 | $0.3500 | $0.3500 | Quarterly | 0.00% |
May 7, 2024 | Jun 7, 2024 | Jun 21, 2024 | $0.3500 | $0.3500 | Quarterly | +2.94% |
Feb 6, 2024 | Mar 1, 2024 | Mar 15, 2024 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Nov 9, 2023 | Dec 1, 2023 | Dec 15, 2023 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Aug 9, 2023 | Sep 1, 2023 | Sep 15, 2023 | $0.3400 | $0.3400 | Quarterly | 0.00% |
May 10, 2023 | Jun 2, 2023 | Jun 16, 2023 | $0.3400 | $0.3400 | Quarterly | +6.25% |
Feb 8, 2023 | Mar 3, 2023 | Mar 17, 2023 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Nov 8, 2022 | Dec 2, 2022 | Dec 16, 2022 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Aug 10, 2022 | Sep 2, 2022 | Sep 16, 2022 | $0.3200 | $0.3200 | Quarterly | 0.00% |
May 10, 2022 | Jun 3, 2022 | Jun 17, 2022 | $0.3200 | $0.3200 | Quarterly | +10.34% |
Feb 8, 2022 | Mar 4, 2022 | Mar 18, 2022 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Nov 9, 2021 | Dec 3, 2021 | Dec 17, 2021 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Aug 10, 2021 | Sep 3, 2021 | Sep 17, 2021 | $0.2900 | $0.2900 | Quarterly | 0.00% |
May 11, 2021 | Jun 4, 2021 | Jun 18, 2021 | $0.2900 | $0.2900 | Quarterly | +11.54% |
Feb 9, 2021 | Mar 5, 2021 | Mar 19, 2021 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Nov 5, 2020 | Dec 4, 2020 | Dec 18, 2020 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Aug 5, 2020 | Sep 4, 2020 | Sep 18, 2020 | $0.2600 | $0.2600 | Quarterly | 0.00% |
May 13, 2020 | Jun 5, 2020 | Jun 19, 2020 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Feb 5, 2020 | Mar 6, 2020 | Mar 20, 2020 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Nov 7, 2019 | Dec 6, 2019 | Dec 20, 2019 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Aug 8, 2019 | Aug 31, 2019 | Sep 20, 2019 | $0.2600 | $0.2600 | Quarterly | 0.00% |
May 9, 2019 | May 20, 2019 | Jun 21, 2019 | $0.2600 | $0.2600 | Quarterly | +18.18% |
Feb 5, 2019 | Mar 1, 2019 | Mar 15, 2019 | $0.2200 | $0.2200 | Quarterly | 0.00% |
Nov 7, 2018 | Dec 7, 2018 | Dec 21, 2018 | $0.2200 | $0.2200 | Quarterly | 0.00% |
Aug 14, 2018 | Sep 7, 2018 | Sep 21, 2018 | $0.2200 | $0.2200 | Quarterly | 0.00% |
May 10, 2018 | Jun 1, 2018 | Jun 15, 2018 | $0.2200 | $0.2200 | Quarterly | +22.22% |
Feb 8, 2018 | Mar 2, 2018 | Mar 16, 2018 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Nov 9, 2017 | Dec 1, 2017 | Dec 15, 2017 | $0.1800 | $0.1800 | Quarterly | 0.00% |
Aug 10, 2017 | Sep 1, 2017 | Sep 15, 2017 | $0.1800 | $0.1800 | Quarterly | 0.00% |
May 2, 2017 | Jun 2, 2017 | Jun 16, 2017 | $0.1800 | $0.1800 | Quarterly | +20.00% |
Feb 9, 2017 | Mar 3, 2017 | Mar 17, 2017 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Nov 15, 2016 | Dec 2, 2016 | Dec 16, 2016 | $0.1500 | $0.1500 | Quarterly | +7.14% |
Aug 11, 2016 | Sep 2, 2016 | Sep 16, 2016 | $0.1400 | $0.1400 | Quarterly | 0.00% |
May 2, 2016 | Jun 3, 2016 | Jun 17, 2016 | $0.1400 | $0.1400 | Quarterly | +27.27% |
Feb 10, 2016 | Mar 4, 2016 | Mar 18, 2016 | $0.1100 | $0.1100 | Quarterly | 0.00% |
Nov 18, 2015 | Dec 4, 2015 | Dec 18, 2015 | $0.1100 | $0.1100 | Quarterly | 0.00% |
Aug 13, 2015 | Sep 4, 2015 | Sep 18, 2015 | $0.1100 | $0.1100 | Quarterly | 0.00% |
May 4, 2015 | Jun 5, 2015 | Jun 19, 2015 | $0.1100 | $0.1100 | Quarterly | +37.50% |
Feb 26, 2015 | Mar 9, 2015 | Mar 20, 2015 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Nov 14, 2014 | Dec 5, 2014 | Dec 19, 2014 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Aug 14, 2014 | Sep 5, 2014 | Sep 19, 2014 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Apr 17, 2014 | Jun 6, 2014 | Jun 20, 2014 | $0.0800 | $0.0800 | Quarterly | +60.00% |
Feb 14, 2014 | Mar 7, 2014 | Mar 21, 2014 | $0.0500 | $0.0500 | Quarterly | - |
First Merchants Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
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