FRMEP First Merchants Corporation

$25.46-0.10%
C+
Dividend Yield7.37%
Annual Dividend$1.88
Payout Ratio
Safe48.30%
Consecutive Years0 yrs
Frequencyquarterly
Next Ex-Date
N/A

Dividend Grades

vs Financial Services sector
C+
Overall
A
Yield
D+
Growth
C+
Safety
D+
Consistency
C
Performance
MetricFRMEPSector Median
Dividend Yield7.37%3.27%
Dividend Growth (5Y)5.31%
Payout Ratio48.3%36.0%
Consecutive Years Paid513
1Y Total Return+7.7%8.8%

Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →

1-Year Growth

0.00%

3-Year Growth

10.06%

5-Year Growth

N/A

10-Year Growth

N/A

Key Dividend Dates

Next Ex-Date

N/A

Next Payment

N/A

Last Ex-Date

Jan 30, 2026

Last Payment

Feb 16, 2026

Dividend History

Ex-DateAmountChange
Jan 30, 2026$0.46880.00%
Oct 31, 2025$0.46880.00%
Jul 30, 2025$0.46880.00%
Apr 30, 2025$0.46880.00%
Jan 31, 2025$0.46880.00%
Oct 31, 2024$0.46880.00%
Jul 30, 2024$0.46880.00%
Apr 29, 2024$0.46880.00%
Jan 30, 2024$0.46880.00%
Oct 30, 2023$0.46880.00%
Jul 28, 2023$0.46880.00%
Apr 27, 2023$0.46880.00%
Jan 30, 2023$0.46880.00%
Oct 28, 2022$0.46880.00%
Jul 28, 2022$0.46880.00%
Apr 28, 2022$0.4688N/A

Payout Ratio (Earnings)

48.3%

Safe

FCF Payout Ratio

38.0%

Safe

Financial Snapshot

PeriodEPSFCF
Q1 2025$0.95$61.70M
Q2 2025$0.98$53.67M
Q3 2025$0.98$87.56M
Q4 2025$0.99$80.71M

Peer Comparison

SymbolCompanyYield
HDBHDFC Bank Limited4.31%
IBNICICI Bank Limited0.99%
MFGMizuho Financial Group, Inc.2.28%
PNCThe PNC Financial Services Group, Inc.3.32%
USBU.S. Bancorp3.98%

Frequently Asked Questions

Does First Merchants Corporation pay a dividend?

Yes, First Merchants Corporation (FRMEP) pays a quarterly dividend with a yield of 7.37%.

What is FRMEP's dividend yield?

FRMEP's current dividend yield is 7.37%. The annual dividend is $1.88.

When is FRMEP's next ex-dividend date?

The next ex-dividend date for FRMEP has not been announced yet.

How many years has First Merchants Corporation increased its dividend?

First Merchants Corporation has increased its dividend for 0 consecutive years.

About this data

Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.

Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.

Consecutive years — calendar years with a higher total annual dividend than the prior year.

Growth rates — annualized, comparing the most recent full year total to the total N years prior.

For informational purposes only. Not investment advice.

Data as of March 23, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.