
First Merchants Corporation Depository Shares (FRMEP)
First Merchants Corporation Depository Shares (FRMEP) are preferred stock shares issued by First Merchants Corporation, a financial holding company providing banking, trust, and wealth management services primarily in Indiana and Illinois. These shares typically offer fixed dividends and have priority over common stock in dividend payments and during liquidation, serving as an investment option for income-focused investors.
Dividend History
Investors can expect a dividend payout of $0.47 per share, scheduled to be distributed in 22 days on November 14, 2025
Pay Date | Amount | Ex-Date | Record Date |
---|---|---|---|
November 14, 2025 | $0.47 | 2025-10-31 | 2025-10-31 |
August 15, 2025 | $0.47 | 2025-07-30 | 2025-07-30 |
May 15, 2025 | $0.47 | 2025-04-30 | 2025-04-30 |
February 15, 2025 | $0.47 | 2025-01-31 | 2025-01-31 |
November 15, 2024 | $0.47 | 2024-10-31 | 2024-10-31 |
Dividends Summary
- First Merchants Corporation Depository Shares has issued 15 dividend payments over the past 3 years
- The most recent dividend was paid 69 days ago, on August 15, 2025
- The highest dividend payed out to investors during this period was $0.47 per share
- The average dividend paid during this period was $0.47 per share.
Company News
First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, payable on November 14, 2025, to stockholders of record on October 31, 2025.
First Merchants Corporation will release its Q3 2025 financial results on October 22, 2025, and host an earnings conference call and webcast on October 23, 2025.