First Merchants Corporation (FRME) Dividends

First Merchants Corporation (FRME): $43.56

0.84 (+1.97%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

C

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Industry: Midwest Regional Banks

Industry

D

Ranked

#21 of 47

in industry

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 Ex-Dividend Date
FRME Dividend Yield
3.27%
FRME Annual Dividend
$1.40
FRME Payout Ratio

FRME Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$43.56$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
2024-09-05Dividend$0.35--
2024-06-06Dividend$0.35+2.94%
2024-02-29Dividend$0.34--
2023-11-30Dividend$0.34--
2023-08-31Dividend$0.34--
2023-06-01Dividend$0.34+6.25%
2023-03-02Dividend$0.32--
2022-12-01Dividend$0.32--
2022-09-01Dividend$0.32--
2022-06-02Dividend$0.32+10.34%
2022-03-03Dividend$0.29--
2021-12-02Dividend$0.29--
2021-09-02Dividend$0.29--
2021-06-03Dividend$0.29+11.54%
2021-03-04Dividend$0.26--
2020-12-03Dividend$0.26--
2020-09-03Dividend$0.26--
2020-06-04Dividend$0.26--
2020-03-05Dividend$0.26--
2019-12-05Dividend$0.26--
2019-08-30Dividend$0.26--
2019-05-17Dividend$0.26+18.18%
2019-02-28Dividend$0.22--
2018-12-06Dividend$0.22--
2018-09-06Dividend$0.22--
2018-05-31Dividend$0.22+22.22%
2018-03-01Dividend$0.18--
2017-11-30Dividend$0.18--
2017-08-30Dividend$0.18--
2017-05-31Dividend$0.18+20.00%
2017-03-01Dividend$0.15--
2016-11-30Dividend$0.15+7.14%
2016-08-31Dividend$0.14--
2016-06-01Dividend$0.14+27.27%
2016-03-02Dividend$0.11--
2015-12-02Dividend$0.11--
2015-09-02Dividend$0.11--
2015-06-03Dividend$0.11+37.50%
2015-03-05Dividend$0.08--
2014-12-03Dividend$0.08--
2014-09-03Dividend$0.08--
2014-06-04Dividend$0.08+60.00%
2014-03-05Dividend$0.05--
2013-12-04Dividend$0.05--
2013-09-04Dividend$0.05--
2013-05-30Dividend$0.05+66.67%
2013-03-13Dividend$0.03--
2013-02-28Dividend$0.03--
2012-11-29Dividend$0.03--
2012-08-30Dividend$0.03--
2012-05-31Dividend$0.03+200.00%
2012-03-01Dividend$0.01--
2011-12-01Dividend$0.01--
2011-08-31Dividend$0.01--
2011-06-02Dividend$0.01--
2011-03-03Dividend$0.01--
2010-12-02Dividend$0.01--
2010-09-01Dividend$0.01--
2010-06-03Dividend$0.01--
2010-03-03Dividend$0.01-87.50%
2009-12-02Dividend$0.08--
2009-09-02Dividend$0.08--
2009-06-03Dividend$0.08-65.22%
2009-03-04Dividend$0.23--
2008-12-03Dividend$0.23--
2008-09-03Dividend$0.23--
2008-06-04Dividend$0.23--
2008-03-04Dividend$0.23--
2007-12-04Dividend$0.23--
2007-09-04Dividend$0.23--
2007-06-04Dividend$0.23--
2007-03-02Dividend$0.23--
2006-12-04Dividend$0.23--
2006-09-01Dividend$0.23--
2006-06-01Dividend$0.23--
2006-03-02Dividend$0.23--
2005-12-02Dividend$0.23--
2005-09-01Dividend$0.23--
2005-06-02Dividend$0.23--
2005-03-03Dividend$0.23--
2004-12-02Dividend$0.23--
2004-09-01Dividend$0.23--
2004-06-02Dividend$0.23--
2004-03-03Dividend$0.23--
2003-12-03Dividend$0.23--
2003-09-03Dividend$0.23--
2003-06-04Dividend$0.23--
2003-03-04Dividend$0.23--
2002-12-04Dividend$0.23--
2002-09-04Dividend$0.23--
2002-06-06Dividend$0.23--
2002-03-05Dividend$0.23--
2001-12-04Dividend$0.23--
2001-09-06Dividend$0.23--
2001-06-04Dividend$0.23--
2001-03-02Dividend$0.23--
2000-12-04Dividend$0.23--
2000-09-01Dividend$0.23+4.55%
2000-06-06Dividend$0.22--
2000-03-02Dividend$0.22--
1999-12-02Dividend$0.22--
1999-09-01Dividend$0.22+10.00%
1999-06-02Dividend$0.20--
1999-03-04Dividend$0.20--
1998-11-18Dividend$0.20+100.00%
1998-10-26Split3-2-for-1 Stock SplitN/A
1998-09-02Dividend$0.30+7.14%
1998-06-03Dividend$0.28--
1998-03-04Dividend$0.28--
1997-12-03Dividend$0.28--
1997-09-03Dividend$0.28+16.67%
1997-06-04Dividend$0.24--
1997-03-04Dividend$0.24--
1996-12-04Dividend$0.24--
1996-09-04Dividend$0.24+20.00%
1996-06-04Dividend$0.20--
1996-03-04Dividend$0.20--
1995-12-04Dividend$0.20+100.00%
1995-10-31Split3-2-for-1 Stock SplitN/A
1995-09-01Dividend$0.30+7.14%
1995-06-01Dividend$0.28--
1995-03-01Dividend$0.28--
1994-11-30Dividend$0.28--
1994-08-30Dividend$0.28+12.00%
1994-05-31Dividend$0.25--
1994-03-01Dividend$0.25--
1993-11-30Dividend$0.25--
1993-08-30Dividend$0.25+13.64%
1993-06-01Dividend$0.22--
1993-03-01Dividend$0.22-33.33%
1992-08-31Dividend$0.33+6.45%
1992-06-01Dividend$0.31--
1992-03-02Dividend$0.31--
1991-12-02Dividend$0.31--
1991-08-30Dividend$0.31+10.71%
1991-05-31Dividend$0.28--
1991-02-28Dividend$0.28--
1990-11-30Dividend$0.28--
1990-08-30Dividend$0.28+12.00%
1990-05-31Dividend$0.25--
1990-02-28Dividend$0.25--
1989-11-30Dividend$0.25--


FRME Dividends vs. Peers

FRME's dividend yield currently ranks #1 of 73 vs. its peers in the Midwest Regional Banks category.
Rank Symbol Name Dividend Yield
1 FRME First Merchants Corporation 0.00%
2 HWBK Hawthorn Bancshares, Inc. 0.00%
3 NCBS Nicolet Bankshares Inc. 0.00%
4 GWB Great Western Bancorp, Inc. 0.00%
5 SBFG SB Financial Group, Inc. 0.00%
6 BKMU Bank Mutual Corporation 0.00%
7 FSFG First Savings Financial Group, Inc. 0.00%
8 LKFN Lakeland Financial Corporation 0.00%
9 IBCP Independent Bank Corporation 0.00%
10 MSBI Midland States Bancorp, Inc. 0.00%
11 ICBK County Bancorp, Inc. 0.00%
12 EBMT Eagle Bancorp Montana, Inc. 0.00%
13 CBCYB Central Bancompany, Inc. 0.00%
14 TFSL TFS Financial Corporation 0.00%
15 GABC German American Bancorp, Inc. 0.00%
16 SFNC Simmons First National Corporation 0.00%
17 THFF First Financial Corp. (Indiana) 0.00%
18 LEVL Level One Bancorp, Inc. 0.00%
19 ALTA Altabancorp 0.00%
20 INBK First Internet Bancorp 0.00%
21 PFC Premier Financial Corp. 0.00%
22 BUSE First Busey Corporation 0.00%
23 GFED Guaranty Federal Bancshares, Inc. 0.00%
24 KEY KeyCorp 0.00%
25 BY Byline Bancorp, Inc. 0.00%
26 WSBF Waterstone Financial, Inc. 0.00%
27 MBCN Middlefield Banc Corp. 0.00%
28 MBFI MB Financial Inc. 0.00%
29 PRK Park National Corporation 0.00%
30 PVTB PrivateBancorp, Inc. 0.00%
31 WTFC Wintrust Financial Corporation 0.00%
32 MBTF M B T Financial Corp 0.00%
33 MBWM Mercantile Bank Corporation 0.00%
34 MCBC Macatawa Bank Corporation 0.00%
35 COFS ChoiceOne Financial Services, Inc. 0.00%
36 SMBC Southern Missouri Bancorp, Inc. 0.00%
37 IROQ IF Bancorp, Inc. 0.00%
38 CASH Meta Financial Group, Inc. 0.00%
39 ONB Old National Bancorp 0.00%
40 MFNC Mackinac Financial Corporation 0.00%
41 MFSF MutualFirst Financial Inc. 0.00%
42 CBSH Commerce Bancshares, Inc. 0.00%
43 FMAO Farmers & Merchants Bancorp, Inc. 0.00%
44 UBOH United Bancshares, Inc. 0.00%
45 OSBC Old Second Bancorp, Inc. 0.00%
46 FBIZ First Business Financial Services, Inc. 0.00%
47 FCAP First Capital, Inc. 0.00%
48 ATLO Ames National Corporation 0.00%
49 ASB Associated Banc-Corp 0.00%
50 HBAN Huntington Bancshares Inc. 0.00%
51 CZWI Citizens Community Bancorp, Inc. 0.00%
52 SRCE 1st Source Corporation 0.00%
53 FFBC First Financial Bancorp. 0.00%
54 CFBK Central Federal Corporation 0.00%
55 CFFN Capitol Federal Financial, Inc. 0.00%
56 BFC Bank First Corporation 0.00%
57 FFWM First Foundation Inc. 0.00%
58 FITB Fifth Third Bancorp 0.00%
59 NBHC National Bank Holdings Corporation 0.00%
60 CHFC Chemical Financial Corporation 0.00%
61 MSFG MainSource Financial Group, Inc. 0.00%
62 HMNF HMN Financial, Inc. 0.00%
63 PEBO Peoples Bancorp Inc. 0.00%
64 FMBH First Mid Bancshares, Inc. 0.00%
65 FMBI First Midwest Bancorp, Inc. 0.00%
66 LARK Landmark Bancorp Inc. 0.00%
67 FMNB Farmers National Banc Corp. 0.00%
68 FCFP First Community Financial Partners, Inc. 0.00%
69 EQBK Equity Bancshares, Inc. - 0.00%
70 CIZN Citizens Holding Company 0.00%
71 BFIN BankFinancial Corporation 0.00%
72 BWB Bridgewater Bancshares, Inc. 0.00%
73 TCF TCF Financial Corporation 0.00%

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

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