First Merchants Co. (NASDAQ:FRMEP – Get Free Report) announced a quarterly dividend on Monday, July 15th, Wall Street Journal reports. Stockholders of record on Tuesday, July 30th will be paid a dividend of 0.4688 per share on Thursday, August 15th. This represents a $1.88 annualized dividend and a dividend yield of 7.31%. The ex-dividend date of this dividend is Tuesday, July 30th.
First Merchants Stock Up 2.0 %
First Merchants stock opened at $25.67 on Friday. The stock has a 50 day moving average of $25.20 and a two-hundred day moving average of $25.27. First Merchants has a twelve month low of $22.79 and a twelve month high of $26.43.
About First Merchants
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