First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. Depositary shareholders (NASDAQ: FRMEP) will receive $0.4688 per depositary share, payable November 16, 2026, to holders of record on October 30, 2026.
Key figures
- Coupon rate
- 7.50%
- Dividend per share
- 46.88
- Dividend per depositary share
- 0.4688
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