First Merchants Corporation Depository Shares
FRMEPFirst 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 24 days on February 16, 2026
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| February 16, 2026 | $0.47 | 2026-01-30 | 2026-01-30 |
| 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 |
Dividends Summary
- Consistent Payer: First Merchants Corporation Depository Shares has rewarded shareholders with 16 dividend payments over the past 4 years.
- Total Returned Value: Investors who held FRMEP shares during this period received a total of $7.50 per share in dividend income.
- Latest Payout: The most recent dividend of $0.47/share was paid 70 days ago, on November 14, 2025.
- Yield & Schedule: FRMEP currently pays dividends quarterly with an annual yield of 7.17%.
- Dividend Growth: Since 2022, the dividend payout has grown by 0.0%, from $0.47 to $0.47.
- Dividend Reliability: FRMEP has maintained or increased its dividend for 16 consecutive payments.
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 (FRMEP), with depositary share holders receiving $0.4688 per share. The dividend is payable on February 16, 2026, to stockholders of record on January 30, 2026.
First Merchants Corporation (NASDAQ: FRME) announced it will release fourth quarter 2025 financial results on January 26, 2026, followed by an earnings conference call and webcast on January 27, 2026 at 9:00 a.m. ET. The company also declared a cash dividend of $0.36 per common share payable on December 19, 2025.
First Merchants Corporation declared a cash dividend of $0.36 per common share, payable on December 19, 2025, to shareholders of record as of December 5, 2025.
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.
