FRMEP is First Merchants Corporation Depository Shares (Financial Services). Trading at $25.00. Current dividend yield: 7.50%.
Dividend snapshot
| Annual dividend rate | $1.88 |
| Current yield | 7.50% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Oct 30, 2026(in 57 days) |
| Most recent payment date | Aug 14, 2026 |
| Last payment amount | $0.4688 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | 10.06% |
| Payout ratio | 0% |
| Exchange | NMS |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-07-30 | $0.4688 |
| 2026-04-30 | $0.4688 |
| 2026-01-30 | $0.4688 |
| 2025-10-31 | $0.4688 |
| 2025-07-30 | $0.4688 |
| 2025-04-30 | $0.4688 |
| 2025-01-31 | $0.4688 |
| 2024-10-31 | $0.4688 |
About FRMEP
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment, which is community banking.
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Frequently asked
What is FRMEP's dividend yield?
FRMEP (First Merchants Corporation Depository Shares) currently has a dividend yield of 7.50%, which works out to about $1.88 in annual dividend payments per share.
When is FRMEP's next ex-dividend date?
FRMEP's next ex-dividend date is Oct 30, 2026 (in 57 days). To receive the upcoming dividend, you must own shares before this date.
When did FRMEP last pay a dividend?
FRMEP's most recent dividend payment date was Aug 14, 2026.
How often does FRMEP pay dividends?
FRMEP pays dividends on a quarterly schedule.
How fast is FRMEP growing its dividend?
FRMEP has been growing its dividend at a 10.06% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track FRMEP in DiviDrip
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- Open DiviDrip — search FRMEP and add your shares.
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Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.