FirstMerit Corp (FMER) Declares $0.16 Monthly Dividend; 12% Yield

FirstMerit Corp (NASDAQ: FMER) declared a monthly dividend of $0.16 per share, or $1.92 annualized.

The dividend will be payable on June 18, 2012, to stockholders of record on June 4, 2012, with an ex-dividend date of May 31, 2012.

The annual yield on the dividend is 12 percent.

For a dividend history and other dividend-related data on FirstMerit Corp (FMER) click here.

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