First Merchants Co. (NASDAQ:FRMEP – Get Free Report) declared a quarterly dividend on Wednesday, April 17th, Wall Street Journal reports. Investors of record on Tuesday, April 30th will be paid a dividend of 0.4688 per share on Wednesday, May 15th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.44%. The ex-dividend date of this dividend is Monday, April 29th.
First Merchants Stock Performance
NASDAQ FRMEP opened at $25.20 on Thursday. First Merchants has a 52-week low of $21.64 and a 52-week high of $26.43. The company has a 50-day simple moving average of $25.25 and a 200 day simple moving average of $24.61.
About First Merchants
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