First Merchants Corporation Stock Dividends
FRME pays dividends quarterly. Last paid amount was $0 at Feb 29, 2024. As of today, dividend yield (TTM) is 3.28%.
Dividend Yield Range
AI Analysis of FRME
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.28% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -100.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0 |
|
First Merchants Corporation has not yet announced its next dividend date. Last payment date was: Feb 29, 2024.
|
|
FRME Dividend Payout History
To ensure a understanding of FRME's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 29, 2024 | Feb 29, 2024 | Feb 29, 2024 | $0 | 0% |
| 2 | Nov 09, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.340 | 0.93% |
| 3 | Aug 08, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.340 | 1.17% |
| 4 | May 10, 2023 | Jun 01, 2023 | Jun 16, 2023 | $0.340 | 1.18% |
| 5 | Feb 07, 2023 | Mar 02, 2023 | Mar 17, 2023 | $0.320 | 0.92% |
| 6 | Nov 08, 2022 | Dec 01, 2022 | Dec 16, 2022 | $0.320 | 0.81% |
| 7 | Aug 10, 2022 | Sep 01, 2022 | Sep 16, 2022 | $0.320 | 0.777% |
| 8 | May 11, 2022 | Jun 02, 2022 | Jun 17, 2022 | $0.320 | 0.88% |
| 9 | Feb 09, 2022 | Mar 03, 2022 | Mar 18, 2022 | $0.290 | 0.671% |
| 10 | Nov 10, 2021 | Dec 02, 2021 | Dec 17, 2021 | $0.290 | 0.730% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
FRME Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from FRME dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FRME stock here.
Comparing FRME to Sector and Country
FRME pays a solid dividend yield of 3.28%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). FRME’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.
FRME Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Golub Capital BDC | 3.015B | $0.390 | 13.18% | 66.04% | |
| Calamos Strategic Total Return Fund | 2.499B | $0.103 | 8.36% | - | |
| GCM Grosvenor Inc. | 1.784B | $0.110 | 5.42% | -1,777.87% | |
| WesBanco | 1.625B | $0.360 | 5.20% | 60.65% | |
| Independent Bank Corp. | 2.165B | $0.570 | 4.36% | 32.25% | |
| First Financial Bancorp. | 2.118B | $0.230 | 4.24% | 36.91% | |
| First Merchants Corporation | 2.005B | - | 3.28% | 39.46% | |
| Renasant Corporation | 1.659B | $0.220 | 3.04% | 36.43% | |
| WSFS Financial Corporation | 2.599B | $0.150 | 1.56% | 13.48% | |
| LendingTree | 487.149M | $1.00 | 0% | - | |
| Brp Group Inc. | 1.71B | $0.500 | 0% | -0.240% |
