First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
15 Octubre 2024 - 2:00PM
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 November 15,
2024, to stockholders of record on October 31, 2024.
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,
Vice President and Director of Corporate Administration
765-521-7619http://www.firstmerchants.com
First Merchants (NASDAQ:FRME)
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