First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo

First Merchants Corporation 7.50% Perpetual Preferred Stock Series A (FRMEP)

Market Closed
18 Jun, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
25. 05
-0.2
-0.8039%
$
2.59B Market Cap
8.72 P/E Ratio
1.4% Div Yield
600 Volume
3.37 Eps
$ 25.25
Previous Close
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Day Range
25.05 25.17
Year Range
24.73 27.09
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Name Ex-Dividend Date Dividend Payment Date Record Date Declaration Date Frequency
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 May 2026
30 Apr 2026
$0.47
15 May 2026
30 Apr 2026
16 Apr 2026
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
16 Feb 2026
30 Jan 2026
$0.47
16 Feb 2026
30 Jan 2026
12 Jan 2026
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
14 Nov 2025
31 Oct 2025
$0.47
14 Nov 2025
31 Oct 2025
15 Oct 2025
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Aug 2025
30 Jul 2025
$0.47
15 Aug 2025
30 Jul 2025
15 Jul 2025
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 May 2025
30 Apr 2025
$0.47
15 May 2025
30 Apr 2025
14 Apr 2025
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Feb 2025
31 Jan 2025
$0.47
15 Feb 2025
31 Jan 2025
15 Jan 2025
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Nov 2024
31 Oct 2024
$0.47
15 Nov 2024
31 Oct 2024
15 Oct 2024
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Aug 2024
30 Jul 2024
$0.47
15 Aug 2024
30 Jul 2024
15 Jul 2024
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 May 2024
29 Apr 2024
$0.47
15 May 2024
30 Apr 2024
15 Apr 2024
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Feb 2024
30 Jan 2024
$0.47
15 Feb 2024
31 Jan 2024
18 Jan 2024
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Nov 2023
30 Oct 2023
$0.47
15 Nov 2023
31 Oct 2023
20 Oct 2023
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Aug 2023
28 Jul 2023
$0.47
15 Aug 2023
31 Jul 2023
20 Jul 2023
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 May 2023
27 Apr 2023
$0.47
15 May 2023
30 Apr 2023
20 Apr 2023
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Feb 2023
30 Jan 2023
$0.47
15 Feb 2023
31 Jan 2023
20 Jan 2023
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Nov 2022
28 Oct 2022
$0.47
15 Nov 2022
31 Oct 2022
20 Oct 2022
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 Aug 2022
28 Jul 2022
$0.47
15 Aug 2022
31 Jul 2022
20 Jul 2022
Quarterly
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A logo
FRMEP Paid
First Merchants Corporation 7.50% Perpetual Preferred Stock Series A
15 May 2022
28 Apr 2022
$0.47
15 May 2022
30 Apr 2022
20 Apr 2022
Other

FRMEP Dividend FAQ

What is the dividend yield?

The current dividend yield for FRMEP is 1.4%, based on the most recent dividend payment and the current stock price of $25.05 on the NASDAQ (NGS).

How often are dividends paid?

Dividends are paid on a quarterly basis, with typical payment being march, june, september, december.

When is the next dividend payment date?

First Merchants Corporation 7.50% Perpetual Preferred Stock Series A has not announced any upcoming dividend.

What is the dividend history?

The company has a dividend payment history that includes 4 years of consistent payments. The most recent payment was $0.47 per share on 2026-04-30. For related earnings insights, visit the FRMEP Earnings page.

What is the average annual dividend growth rate?

The average annual dividend growth rate over the past 4 years is approximately -0.43%, reflecting the FRMEP's commitment to rewarding shareholders.

How can I track FRMEP dividends?

You can easily track FRMEP dividend payments using our Dividend Tracker. It helps you monitor upcoming payment dates, yields, history, and more - all in one place.