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First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

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First Merchants Corporation (NASDAQ: FRME) has announced a quarterly cash dividend for its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. The company will pay $46.88 per preferred share, equivalent to $0.4688 per depositary share (NASDAQ: FRMEP), as each depositary share represents a 1/100th interest in the preferred stock.

The dividend is scheduled for payment on August 15, 2025, to stockholders of record as of July 30, 2025. First Merchants Corporation operates through First Merchants Bank and its division First Merchants Private Wealth Advisors, serving as a financial holding company based in Muncie, Indiana.

First Merchants Corporation (NASDAQ: FRME) ha annunciato un dividendo trimestrale in contanti per la sua Serie A di azioni privilegiate perpetue non cumulative con un rendimento del 7,50%. La società pagherà 46,88 dollari per azione privilegiata, equivalenti a 0,4688 dollari per azione depositaria (NASDAQ: FRMEP), poiché ogni azione depositaria rappresenta un interesse di 1/100 nell'azione privilegiata.

Il dividendo sarà corrisposto il 15 agosto 2025 agli azionisti registrati al 30 luglio 2025. First Merchants Corporation opera tramite First Merchants Bank e la sua divisione First Merchants Private Wealth Advisors, fungendo da società finanziaria holding con sede a Muncie, Indiana.

First Merchants Corporation (NASDAQ: FRME) ha anunciado un dividendo trimestral en efectivo para su Serie A de acciones preferentes perpetuas no acumulativas con un rendimiento del 7,50%. La compañía pagará 46,88 dólares por acción preferente, equivalente a 0,4688 dólares por acción depositaria (NASDAQ: FRMEP), ya que cada acción depositaria representa una participación de 1/100 en la acción preferente.

El dividendo está programado para pagarse el 15 de agosto de 2025 a los accionistas registrados al 30 de julio de 2025. First Merchants Corporation opera a través de First Merchants Bank y su división First Merchants Private Wealth Advisors, actuando como una compañía financiera holding con sede en Muncie, Indiana.

First Merchants Corporation (NASDAQ: FRME)� 7.50% 비누� 영구 우선� 시리� A� 대� 분기� 현금 배당� 발표했습니다. 회사� 우선� 1주당 46.88달러, � 예탁� 1주당 0.4688달러 (NASDAQ: FRMEP)� 지급할 예정이며, � 예탁주는 우선주의 1/100 지분을 나타냅니�.

배당금은 2025� 8� 15�� 지급될 예정이며, 2025� 7� 30� 기준 주주 명부� 등재� 주주들에� 지급됩니다. First Merchants Corporation은 First Merchants Bank와 � 부서인 First Merchants Private Wealth Advisors� 통해 운영되며, 인디애나� 먼시� 기반으로 하는 금융 지주회사입니다.

First Merchants Corporation (NASDAQ : FRME) a annoncé un dividende trimestriel en espèces pour sa série A d'actions privilégiées perpétuelles non cumulatives à 7,50 %. La société versera 46,88 $ par action privilégiée, soit 0,4688 $ par action dépositaire (NASDAQ : FRMEP), chaque action dépositaire représentant une participation de 1/100 dans l'action privilégiée.

Le dividende est prévu pour le 15 août 2025, aux actionnaires inscrits au registre au 30 juillet 2025. First Merchants Corporation opère via First Merchants Bank et sa division First Merchants Private Wealth Advisors, en tant que société holding financière basée à Muncie, dans l'Indiana.

First Merchants Corporation (NASDAQ: FRME) hat eine vierteljährliche Bardividende für ihre 7,50% nicht kumulative, ewige Vorzugsaktien der Serie A angekündigt. Das Unternehmen wird 46,88 USD je Vorzugsaktie zahlen, was 0,4688 USD je Hinterlegungsschein (NASDAQ: FRMEP) entspricht, da jeder Hinterlegungsschein einen 1/100-Anteil an der Vorzugsaktie darstellt.

Die Dividende ist zur Zahlung am 15. August 2025 vorgesehen und wird an die zum 30. Juli 2025 eingetragenen Aktionäre ausgezahlt. First Merchants Corporation agiert über die First Merchants Bank und deren Division First Merchants Private Wealth Advisors als Finanzholding mit Sitz in Muncie, Indiana.

Positive
  • Consistent dividend payment demonstrates financial stability
  • Maintains 7.50% preferred stock dividend yield
Negative
  • None.

MUNCIE, Ind., July 15, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 15, 2025, to stockholders of record on July 30, 2025.

About First Merchants Corporation:

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).

First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Depositary shares representing a 1/100th interest in a share of First Merchants Corporation’s 7.50% Non-Cumulative Perpetual Preferred Stock, Series A are traded on the NASDAQ Global Select Market System under the symbol FRMEP. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).

FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.

For more information, contact:
Nicole M. Weaver, First Vice President and Director of Corporate Administration
765-521-7619

SOURCE: First Merchants Corporation (NASDAQ: FRME), Muncie, Indiana


FAQ

What is the dividend amount for First Merchants (FRMEP) preferred shares in Q3 2025?

First Merchants will pay $46.88 per preferred share, or $0.4688 per depositary share (FRMEP) for Q3 2025.

When is the First Merchants (FRMEP) preferred stock dividend payment date?

The preferred stock dividend will be paid on August 15, 2025 to stockholders of record as of July 30, 2025.

What is the dividend yield on First Merchants (FRMEP) preferred stock?

First Merchants preferred stock Series A carries a 7.50% Non-Cumulative Perpetual dividend rate.

What is the difference between FRME and FRMEP stocks?

FRME is First Merchants Corporation's common stock, while FRMEP represents depositary shares of the company's 7.50% Non-Cumulative Perpetual Preferred Stock Series A.
First Merchants Corp

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