First Merchants Corporation (FRME) Dividends
Dividend Yield and Dividend History Highlights
- FRME's trailing 12 month dividends has averaged an annual growth rate of 6.42%.
- FRME reports a compound annual dividend growth rate of 0.28% over the past 5.5 years.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with FRME that may be suitable potential portfolio mates: LITE, NFE, LNT, ORA and NEU.
FRME Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $40.89 | $42.01 | 0.26% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding First Merchants Corp, the DDM model, as implemented by StockNews, implies a positive return of 0.26% relative to its current price. Digging deeper, the aspects of First Merchants Corp's dividend discount model that we found most interesting were:
- Relative to all dividend yielding stocks in our set, First Merchants Corp's dividend yield of 2.77% is in the top 41.28%.
- Beta is a measure of how volatile a stock is relative to the S&P 500; for FRME, its beta is lower than 37.27% of stocks in the small-sized revenue class.
- Based on dividend growth rate, FRME boasts a higher growth rate in terms of its annual cash distributed to its owners than 90.14% of the dividend issuers in our set.
FRME Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-05 | Dividend | $0.35 | -- |
| 2024-09-05 | Dividend | $0.35 | -- |
| 2024-06-06 | Dividend | $0.35 | +2.94% |
| 2024-02-29 | Dividend | $0.34 | -- |
| 2023-11-30 | Dividend | $0.34 | -- |
| 2023-08-31 | Dividend | $0.34 | -- |
| 2023-06-01 | Dividend | $0.34 | +6.25% |
| 2023-03-02 | Dividend | $0.32 | -- |
| 2022-12-01 | Dividend | $0.32 | -- |
| 2022-09-01 | Dividend | $0.32 | -- |
| 2022-06-02 | Dividend | $0.32 | +10.34% |
| 2022-03-03 | Dividend | $0.29 | -- |
| 2021-12-02 | Dividend | $0.29 | -- |
| 2021-09-02 | Dividend | $0.29 | -- |
| 2021-06-03 | Dividend | $0.29 | +11.54% |
| 2021-03-04 | Dividend | $0.26 | -- |
| 2020-12-03 | Dividend | $0.26 | -- |
| 2020-09-03 | Dividend | $0.26 | -- |
| 2020-06-04 | Dividend | $0.26 | -- |
| 2020-03-05 | Dividend | $0.26 | -- |
| 2019-12-05 | Dividend | $0.26 | -- |
| 2019-08-30 | Dividend | $0.26 | -- |
| 2019-05-17 | Dividend | $0.26 | +18.18% |
| 2019-02-28 | Dividend | $0.22 | -- |
| 2018-12-06 | Dividend | $0.22 | -- |
| 2018-09-06 | Dividend | $0.22 | -- |
| 2018-05-31 | Dividend | $0.22 | +22.22% |
| 2018-03-01 | Dividend | $0.18 | -- |
| 2017-11-30 | Dividend | $0.18 | -- |
| 2017-08-30 | Dividend | $0.18 | -- |
| 2017-05-31 | Dividend | $0.18 | +20.00% |
| 2017-03-01 | Dividend | $0.15 | -- |
| 2016-11-30 | Dividend | $0.15 | +7.14% |
| 2016-08-31 | Dividend | $0.14 | -- |
| 2016-06-01 | Dividend | $0.14 | +27.27% |
| 2016-03-02 | Dividend | $0.11 | -- |
| 2015-12-02 | Dividend | $0.11 | -- |
| 2015-09-02 | Dividend | $0.11 | -- |
| 2015-06-03 | Dividend | $0.11 | +37.50% |
| 2015-03-05 | Dividend | $0.08 | -- |
| 2014-12-03 | Dividend | $0.08 | -- |
| 2014-09-03 | Dividend | $0.08 | -- |
| 2014-06-04 | Dividend | $0.08 | +60.00% |
| 2014-03-05 | Dividend | $0.05 | -- |
| 2013-12-04 | Dividend | $0.05 | -- |
| 2013-09-04 | Dividend | $0.05 | -- |
| 2013-05-30 | Dividend | $0.05 | +66.67% |
| 2013-03-13 | Dividend | $0.03 | -- |
| 2013-02-28 | Dividend | $0.03 | -- |
| 2012-11-29 | Dividend | $0.03 | -- |
| 2012-08-30 | Dividend | $0.03 | -- |
| 2012-05-31 | Dividend | $0.03 | +200.00% |
| 2012-03-01 | Dividend | $0.01 | -- |
| 2011-12-01 | Dividend | $0.01 | -- |
| 2011-08-31 | Dividend | $0.01 | -- |
| 2011-06-02 | Dividend | $0.01 | -- |
| 2011-03-03 | Dividend | $0.01 | -- |
| 2010-12-02 | Dividend | $0.01 | -- |
| 2010-09-01 | Dividend | $0.01 | -- |
| 2010-06-03 | Dividend | $0.01 | -- |
| 2010-03-03 | Dividend | $0.01 | -87.50% |
| 2009-12-02 | Dividend | $0.08 | -- |
| 2009-09-02 | Dividend | $0.08 | -- |
| 2009-06-03 | Dividend | $0.08 | -65.22% |
| 2009-03-04 | Dividend | $0.23 | -- |
| 2008-12-03 | Dividend | $0.23 | -- |
| 2008-09-03 | Dividend | $0.23 | -- |
| 2008-06-04 | Dividend | $0.23 | -- |
| 2008-03-04 | Dividend | $0.23 | -- |
| 2007-12-04 | Dividend | $0.23 | -- |
| 2007-09-04 | Dividend | $0.23 | -- |
| 2007-06-04 | Dividend | $0.23 | -- |
| 2007-03-02 | Dividend | $0.23 | -- |
| 2006-12-04 | Dividend | $0.23 | -- |
| 2006-09-01 | Dividend | $0.23 | -- |
| 2006-06-01 | Dividend | $0.23 | -- |
| 2006-03-02 | Dividend | $0.23 | -- |
| 2005-12-02 | Dividend | $0.23 | -- |
| 2005-09-01 | Dividend | $0.23 | -- |
| 2005-06-02 | Dividend | $0.23 | -- |
| 2005-03-03 | Dividend | $0.23 | -- |
| 2004-12-02 | Dividend | $0.23 | -- |
| 2004-09-01 | Dividend | $0.23 | -- |
| 2004-06-02 | Dividend | $0.23 | -- |
| 2004-03-03 | Dividend | $0.23 | -- |
| 2003-12-03 | Dividend | $0.23 | -- |
| 2003-09-03 | Dividend | $0.23 | -- |
| 2003-06-04 | Dividend | $0.23 | -- |
| 2003-03-04 | Dividend | $0.23 | -- |
| 2002-12-04 | Dividend | $0.23 | -- |
| 2002-09-04 | Dividend | $0.23 | -- |
| 2002-06-06 | Dividend | $0.23 | -- |
| 2002-03-05 | Dividend | $0.23 | -- |
| 2001-12-04 | Dividend | $0.23 | -- |
| 2001-09-06 | Dividend | $0.23 | -- |
| 2001-06-04 | Dividend | $0.23 | -- |
| 2001-03-02 | Dividend | $0.23 | -- |
| 2000-12-04 | Dividend | $0.23 | -- |
| 2000-09-01 | Dividend | $0.23 | +4.55% |
| 2000-06-06 | Dividend | $0.22 | -- |
| 2000-03-02 | Dividend | $0.22 | -- |
| 1999-12-02 | Dividend | $0.22 | -- |
| 1999-09-01 | Dividend | $0.22 | +10.00% |
| 1999-06-02 | Dividend | $0.20 | -- |
| 1999-03-04 | Dividend | $0.20 | -- |
| 1998-11-18 | Dividend | $0.20 | +100.00% |
| 1998-10-26 | Split | 3-2-for-1 Stock Split | N/A |
| 1998-09-02 | Dividend | $0.30 | +7.14% |
| 1998-06-03 | Dividend | $0.28 | -- |
| 1998-03-04 | Dividend | $0.28 | -- |
| 1997-12-03 | Dividend | $0.28 | -- |
| 1997-09-03 | Dividend | $0.28 | +16.67% |
| 1997-06-04 | Dividend | $0.24 | -- |
| 1997-03-04 | Dividend | $0.24 | -- |
| 1996-12-04 | Dividend | $0.24 | -- |
| 1996-09-04 | Dividend | $0.24 | +20.00% |
| 1996-06-04 | Dividend | $0.20 | -- |
| 1996-03-04 | Dividend | $0.20 | -- |
| 1995-12-04 | Dividend | $0.20 | +100.00% |
| 1995-10-31 | Split | 3-2-for-1 Stock Split | N/A |
| 1995-09-01 | Dividend | $0.30 | +7.14% |
| 1995-06-01 | Dividend | $0.28 | -- |
| 1995-03-01 | Dividend | $0.28 | -- |
| 1994-11-30 | Dividend | $0.28 | -- |
| 1994-08-30 | Dividend | $0.28 | +12.00% |
| 1994-05-31 | Dividend | $0.25 | -- |
| 1994-03-01 | Dividend | $0.25 | -- |
| 1993-11-30 | Dividend | $0.25 | -- |
| 1993-08-30 | Dividend | $0.25 | +13.64% |
| 1993-06-01 | Dividend | $0.22 | -- |
| 1993-03-01 | Dividend | $0.22 | -33.33% |
| 1992-08-31 | Dividend | $0.33 | +6.45% |
| 1992-06-01 | Dividend | $0.31 | -- |
| 1992-03-02 | Dividend | $0.31 | -- |
| 1991-12-02 | Dividend | $0.31 | -- |
| 1991-08-30 | Dividend | $0.31 | +10.71% |
| 1991-05-31 | Dividend | $0.28 | -- |
| 1991-02-28 | Dividend | $0.28 | -- |
| 1990-11-30 | Dividend | $0.28 | -- |
| 1990-08-30 | Dividend | $0.28 | +12.00% |
| 1990-05-31 | Dividend | $0.25 | -- |
| 1990-02-28 | Dividend | $0.25 | -- |
| 1989-11-30 | Dividend | $0.25 | -- |
FRME Dividends vs. Peers
FRME's dividend yield currently ranks #1 of 73 vs. its peers in the Midwest Regional Banks category.
Looking for More Information on FRME dividends?
Here are a few links from around the web to help you further your research on First Merchants Corp and its dividends:First Merchants Corp Common Stock (FRME) Dividend History | Nasdaq
Dividend History for First Merchants Corp (FRME) - Dividend Investor
First Merchants Corp (FRME) Dividend History - Seeking Alpha