First Merchants Corp (FRME) Raises Quarterly Dividend 22.2% to $0.22; 2% Yield

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Go back to First Merchants Corp (FRME) Raises Quarterly Dividend 22.2% to $0.22; 2% Yield

First Merchants Corporation Raises Its Quarter Cash Dividend 22.22% to $0.22 Per Share

May 10, 2018 4:03 PM EDT

MUNCIE, Ind., May 10, 2018 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME), parent company of First Merchants Bank, today announced that its Board of Directors has increased the Corporation's quarterly cash dividend by $0.04, or 22.22%, to $0.22 per common share. The dividend will go into effect June 15, 2018, to stockholders of record as of June 1, 2018.

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