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 |
| Next Ex-Dividend Date | Jun 07, 2024 |
| Next Payment Date | Jun 21, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from FRME the purchase should be done within the next 20 days.
Here's a simple guide on how to buy FRME stock.
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 | |
|---|---|---|---|---|---|
| 91 | Feb 12, 2002 | Mar 05, 2002 | Mar 20, 2002 | $0.209 | 0.93% |
| 92 | Nov 13, 2001 | Dec 04, 2001 | Dec 20, 2001 | $0.209 | 0.98% |
| 93 | Aug 23, 2001 | Sep 06, 2001 | Sep 24, 2001 | $0.209 | 0.96% |
| 94 | May 18, 2001 | Jun 04, 2001 | Jun 21, 2001 | $0.199 | 1.01% |
| 95 | Feb 26, 2001 | Mar 02, 2001 | Mar 20, 2001 | $0.199 | 1.03% |
| 96 | Nov 21, 2000 | Dec 04, 2000 | Dec 20, 2000 | $0.199 | 1.02% |
| 97 | Aug 11, 2000 | Sep 01, 2000 | Sep 20, 2000 | $0.199 | 1.04% |
| 98 | May 09, 2000 | Jun 06, 2000 | Jun 20, 2000 | $0.190 | 1.01% |
| 99 | Feb 08, 2000 | Mar 02, 2000 | Mar 20, 2000 | $0.190 | 1.03% |
| 100 | Nov 09, 1999 | Dec 02, 1999 | Dec 20, 1999 | $0.190 | 0.80% |
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 (1.83%). 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 (11.05%), 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 | 2.796B | $0.0600 | 13.68% | 65.21% | |
| Calamos Strategic Total Return Fund | 2.577B | $0.103 | 8.25% | - | |
| GCM Grosvenor Inc. | 1.866B | $0.110 | 5.42% | 126.97% | |
| WesBanco | 1.713B | $0.360 | 5.20% | 61.05% | |
| Independent Bank Corp. | 2.234B | $0.570 | 4.36% | 42.69% | |
| First Financial Bancorp. | 2.254B | $0.230 | 4.24% | 36.81% | |
| First Merchants Corporation | 2.103B | - | 3.28% | 40.34% | |
| Renasant Corporation | 1.758B | $0.220 | 3.04% | 36.50% | |
| WSFS Financial Corporation | 2.79B | $0.150 | 1.42% | 13.41% | |
| LendingTree | 616.526M | $1.00 | 0% | - | |
| Brp Group Inc. | 1.968B | $0.500 | 0% | -0.448% |
