First Merchants Corporation (FRME) Dividends

First Merchants Corporation (FRME): $42.64

1.77 (+4.33%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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
3.13%
FRME Annual Dividend
$1.28
FRME Payout Ratio

FRME Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$42.64$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 Chart


FRME Dividend History

Ex-Dividend Date Type Payout Amount Change
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FRME Dividends vs. Peers

FRME's dividend yield currently ranks #30 of 73 vs. its peers in the Midwest Regional Banks category.
Rank Symbol Name Dividend Yield
1 TFSL TFS Financial Corporation 8.01%
2 CIZN Citizens Holding Company 6.87%
3 PEBO Peoples Bancorp Inc. 5.19%
4 WSBF Waterstone Financial, Inc. 5.05%
5 FMNB Farmers National Banc Corp. 4.94%
6 PFC Premier Financial Corp. 4.91%
7 MSBI Midland States Bancorp, Inc. 4.67%
8 MBTF M B T Financial Corp 4.47%
9 ATLO Ames National Corporation 4.46%
10 KEY KeyCorp 4.37%
11 UBOH United Bancshares, Inc. 4.20%
12 HBAN Huntington Bancshares Inc. 4.18%
13 CFFN Capitol Federal Financial, Inc. 4.18%
14 BUSE First Busey Corporation 4.17%
15 IBCP Independent Bank Corporation 4.07%
16 FCAP First Capital, Inc. 4.04%
17 BFIN BankFinancial Corporation 3.96%
18 ASB Associated Banc-Corp 3.83%
19 MBWM Mercantile Bank Corporation 3.81%
20 FFBC First Financial Bancorp. 3.78%
21 FITB Fifth Third Bancorp 3.69%
22 COFS ChoiceOne Financial Services, Inc. 3.66%
23 LARK Landmark Bancorp Inc. 3.60%
24 SFNC Simmons First National Corporation 3.53%
25 PRK Park National Corporation 3.43%
26 ONB Old National Bancorp 3.29%
27 CHFC Chemical Financial Corporation 3.24%
28 EBMT Eagle Bancorp Montana, Inc. 3.22%
29 MFSF MutualFirst Financial Inc. 3.22%
30 FRME First Merchants Corporation 3.13%
31 FMAO Farmers & Merchants Bancorp, Inc. 3.02%
32 SBFG SB Financial Group, Inc. 3.00%
33 FMBH First Mid Bancshares, Inc. 2.96%
34 MCBC Macatawa Bank Corporation 2.95%
35 MBCN Middlefield Banc Corp. 2.92%
36 FFWM First Foundation Inc. 2.91%
37 HWBK Hawthorn Bancshares, Inc. 2.82%
38 LKFN Lakeland Financial Corporation 2.67%
39 SRCE 1st Source Corporation 2.65%
40 FSFG First Savings Financial Group, Inc. 2.60%
41 MFNC Mackinac Financial Corporation 2.60%
42 FMBI First Midwest Bancorp, Inc. 2.60%
43 THFF First Financial Corp. (Indiana) 2.48%
44 GABC German American Bancorp, Inc. 2.46%
45 NBHC National Bank Holdings Corporation 2.41%
46 MBFI MB Financial Inc. 2.27%
47 FBIZ First Business Financial Services, Inc. 2.27%
48 IROQ IF Bancorp, Inc. 2.23%
49 CZWI Citizens Community Bancorp, Inc. 2.08%
50 GFED Guaranty Federal Bancshares, Inc. 1.91%
51 MSFG MainSource Financial Group, Inc. 1.82%
52 SMBC Southern Missouri Bancorp, Inc. 1.77%
53 CBSH Commerce Bancshares, Inc. 1.63%
54 BKMU Bank Mutual Corporation 1.58%
55 ALTA Altabancorp 1.54%
56 WTFC Wintrust Financial Corporation 1.52%
57 BY Byline Bancorp, Inc. 1.48%
58 EQBK Equity Bancshares, Inc. - 1.39%
59 BFC Bank First Corporation 1.28%
60 OSBC Old Second Bancorp, Inc. 1.20%
61 ICBK County Bancorp, Inc. 1.13%
62 HMNF HMN Financial, Inc. 1.10%
63 CFBK Central Federal Corporation 0.98%
64 INBK First Internet Bancorp 0.92%
65 LEVL Level One Bancorp, Inc. 0.70%
66 GWB Great Western Bancorp, Inc. 0.65%
67 CASH Meta Financial Group, Inc. 0.41%
68 PVTB PrivateBancorp, Inc. 0.07%
69 NCBS Nicolet Bankshares Inc. 0.00%
70 FCFP First Community Financial Partners, Inc. 0.00%
71 BWB Bridgewater Bancshares, Inc. 0.00%
72 TCF TCF Financial Corporation 0.00%
73 CBCYB Central Bancompany, Inc. 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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