First Merchants Corporation Announces Cash Dividend on Its Preferred Stock - First Merchants (NASDAQ:FRME), First Merchants (NASDAQ:FRMEP)

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First Merchants Corporation Announces Cash Dividend on Its Preferred Stock - First Merchants (NASDAQ:FRME), First Merchants (NASDAQ:FRMEP)

MUNCIE, Ind., April 15, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ:FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on ...Full story …