First Merchants Corp (FRME) Declares $0.01 Quarterly Dividend; 0.4% Yield

First Merchants Corp (NASDAQ: FRME) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.

The dividend will be payable on September 19, 2011, to stockholders of record on September 2, 2011, with an ex-dividend date of August 31, 2011.

The annual yield on the dividend is 0.4 percent.

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