First Merchants Dividend History
NASDAQ: FRMEFinanceMajor BanksUSD
39.12-0.47 (-1.19%)
Market open · Delayed 15 min · as of Oct 9, 10:19 AM ET
- Dividend yield
- 3.71%
- Annual dividend
- $1.45
- Frequency
- Quarterly
- Ex-dividend date
- Sep 4, 2026
- Payment date
- —
- Payout ratio
- 47%
First Merchants dividend summary
First Merchants pays a quarterly dividend of $0.37 per share ($1.48 annualized), a 3.78% yield at the current price. It has raised its annual dividend for 14 consecutive years. Over the past five full years, annual dividends per share have grown at a 6.6% compound annual rate.
The payout ratio is 47% of trailing earnings per share. FRME has 148 recorded dividend payments since 1989, totaling $1.46 per share over the last 12 months.
Summary generated from market data by MetaCap's automated system. Methodology
FRME dividend history
| Ex-dividend date | Cash amount | Change | Pay date |
|---|---|---|---|
| Sep 4, 2026 | $0.37 | — | — |
| Jun 5, 2026 | $0.37 | +2.8% | — |
| Mar 6, 2026 | $0.36 | — | — |
| Dec 5, 2025 | $0.36 | — | — |
| Sep 5, 2025 | $0.36 | — | — |
| Jun 6, 2025 | $0.36 | +2.9% | — |
| Mar 7, 2025 | $0.35 | — | — |
| Dec 6, 2024 | $0.35 | — | — |
| Sep 6, 2024 | $0.35 | — | — |
| Jun 7, 2024 | $0.35 | +2.9% | — |
| Feb 29, 2024 | $0.34 | — | — |
| Nov 30, 2023 | $0.34 | — | — |
| Aug 31, 2023 | $0.34 | — | — |
| Jun 1, 2023 | $0.34 | +6.3% | — |
| Mar 2, 2023 | $0.32 | — | — |
| Dec 1, 2022 | $0.32 | — | — |
| Sep 1, 2022 | $0.32 | — | — |
| Jun 2, 2022 | $0.32 | +10.3% | — |
| Mar 3, 2022 | $0.29 | — | — |
| Dec 2, 2021 | $0.29 | — | — |
| Sep 2, 2021 | $0.29 | — | — |
| Jun 3, 2021 | $0.29 | +11.5% | — |
| Mar 4, 2021 | $0.26 | — | — |
| Dec 3, 2020 | $0.26 | — | — |
| Sep 3, 2020 | $0.26 | — | — |
| Jun 4, 2020 | $0.26 | — | — |
| Mar 5, 2020 | $0.26 | — | — |
| Dec 5, 2019 | $0.26 | — | — |
| Aug 29, 2019 | $0.26 | — | — |
| May 17, 2019 | $0.26 | +18.2% | — |
| Feb 28, 2019 | $0.22 | — | — |
| Dec 6, 2018 | $0.22 | — | — |
| Sep 6, 2018 | $0.22 | — | — |
| May 31, 2018 | $0.22 | +22.2% | — |
| Mar 1, 2018 | $0.18 | — | — |
| Nov 30, 2017 | $0.18 | — | — |
| Aug 30, 2017 | $0.18 | — | — |
| May 31, 2017 | $0.18 | +20.0% | — |
| Mar 1, 2017 | $0.15 | — | — |
| Nov 30, 2016 | $0.15 | +7.1% | — |
| Aug 31, 2016 | $0.14 | — | — |
| Jun 1, 2016 | $0.14 | +27.3% | — |
| Mar 2, 2016 | $0.11 | — | — |
| Dec 2, 2015 | $0.11 | — | — |
| Sep 2, 2015 | $0.11 | — | — |
| Jun 3, 2015 | $0.11 | +37.5% | — |
| Mar 5, 2015 | $0.08 | — | — |
| Dec 3, 2014 | $0.08 | — | — |
| Sep 3, 2014 | $0.08 | — | — |
| Jun 4, 2014 | $0.08 | +60.0% | — |
| Mar 5, 2014 | $0.05 | — | — |
| Dec 4, 2013 | $0.05 | — | — |
| Sep 4, 2013 | $0.05 | — | — |
| May 30, 2013 | $0.05 | +66.7% | — |
| Mar 13, 2013 | $0.03 | — | — |
| Nov 29, 2012 | $0.03 | — | — |
| Aug 30, 2012 | $0.03 | — | — |
| May 31, 2012 | $0.03 | +200.0% | — |
| Mar 1, 2012 | $0.01 | — | — |
| Dec 1, 2011 | $0.01 | — | — |
| Aug 31, 2011 | $0.01 | — | — |
| Jun 2, 2011 | $0.01 | — | — |
| Mar 3, 2011 | $0.01 | — | — |
| Dec 2, 2010 | $0.01 | — | — |
| Sep 1, 2010 | $0.01 | — | — |
| Jun 3, 2010 | $0.01 | — | — |
| Mar 3, 2010 | $0.01 | -87.5% | — |
| Dec 2, 2009 | $0.08 | — | — |
| Sep 2, 2009 | $0.08 | — | — |
| Jun 3, 2009 | $0.08 | -65.2% | — |
| Mar 4, 2009 | $0.23 | — | — |
| Dec 3, 2008 | $0.23 | — | — |
| Sep 3, 2008 | $0.23 | — | — |
| Jun 4, 2008 | $0.23 | — | — |
| Mar 4, 2008 | $0.23 | — | — |
| Dec 4, 2007 | $0.23 | — | — |
| Sep 4, 2007 | $0.23 | — | — |
| Jun 4, 2007 | $0.23 | — | — |
| Mar 2, 2007 | $0.23 | — | — |
| Dec 4, 2006 | $0.23 | — | — |
| Sep 1, 2006 | $0.23 | — | — |
| Jun 1, 2006 | $0.23 | — | — |
| Mar 2, 2006 | $0.23 | — | — |
| Dec 2, 2005 | $0.23 | — | — |
| Sep 1, 2005 | $0.23 | — | — |
| Jun 2, 2005 | $0.23 | — | — |
| Mar 3, 2005 | $0.23 | — | — |
| Dec 2, 2004 | $0.23 | — | — |
| Sep 1, 2004 | $0.23 | — | — |
| Jun 2, 2004 | $0.23 | — | — |
| Mar 3, 2004 | $0.23 | — | — |
| Dec 3, 2003 | $0.23 | — | — |
| Sep 3, 2003 | $0.23 | +5.0% | — |
| Jun 4, 2003 | $0.219 | — | — |
| Mar 4, 2003 | $0.219 | — | — |
| Dec 4, 2002 | $0.219 | — | — |
| Sep 4, 2002 | $0.219 | +5.0% | — |
| Jun 6, 2002 | $0.2086 | — | — |
| Mar 5, 2002 | $0.2086 | — | — |
| Dec 4, 2001 | $0.2086 | — | — |
| Sep 6, 2001 | $0.2086 | +5.0% | — |
| Jun 4, 2001 | $0.1987 | — | — |
| Mar 2, 2001 | $0.1987 | — | — |
| Dec 4, 2000 | $0.1987 | — | — |
| Sep 1, 2000 | $0.1987 | +4.5% | — |
| Jun 6, 2000 | $0.19 | — | — |
| Mar 2, 2000 | $0.19 | — | — |
| Dec 2, 1999 | $0.19 | — | — |
| Sep 1, 1999 | $0.19 | +10.0% | — |
| Jun 2, 1999 | $0.1728 | — | — |
| Mar 4, 1999 | $0.1728 | — | — |
| Nov 18, 1998 | $0.1728 | — | — |
| Sep 2, 1998 | $0.1728 | +7.1% | — |
| Jun 3, 1998 | $0.1613 | — | — |
| Mar 4, 1998 | $0.1613 | — | — |
| Dec 3, 1997 | $0.1613 | — | — |
| Sep 3, 1997 | $0.1613 | +16.7% | — |
| Jun 4, 1997 | $0.1382 | — | — |
| Mar 4, 1997 | $0.1382 | — | — |
| Dec 4, 1996 | $0.1382 | — | — |
| Sep 4, 1996 | $0.1382 | +20.0% | — |
| Jun 4, 1996 | $0.1152 | — | — |
| Mar 4, 1996 | $0.1152 | — | — |
| Dec 4, 1995 | $0.1152 | — | — |
| Sep 1, 1995 | $0.1152 | +7.1% | — |
| Jun 1, 1995 | $0.1075 | — | — |
| Mar 1, 1995 | $0.1075 | — | — |
| Nov 30, 1994 | $0.1075 | — | — |
| Aug 30, 1994 | $0.1075 | +12.0% | — |
| May 31, 1994 | $0.096 | — | — |
| Mar 1, 1994 | $0.096 | — | — |
| Nov 30, 1993 | $0.096 | — | — |
| Aug 30, 1993 | $0.096 | +13.6% | — |
| Jun 1, 1993 | $0.0845 | — | — |
| Mar 1, 1993 | $0.0845 | — | — |
| Aug 31, 1992 | $0.0845 | +6.5% | — |
| Jun 1, 1992 | $0.0793 | — | — |
| Mar 2, 1992 | $0.0793 | — | — |
| Dec 2, 1991 | $0.0793 | — | — |
| Aug 30, 1991 | $0.0793 | +10.7% | — |
| May 31, 1991 | $0.0717 | — | — |
| Feb 28, 1991 | $0.0717 | — | — |
| Nov 30, 1990 | $0.0717 | — | — |
| Aug 30, 1990 | $0.0717 | +12.0% | — |
| May 31, 1990 | $0.064 | — | — |
| Feb 28, 1990 | $0.064 | — | — |
| Nov 30, 1989 | $0.064 | — | — |
| Aug 30, 1989 | $0.064 | — | — |
Dividends by year
| Year | Total per share | Payments | Growth |
|---|---|---|---|
| 2026 | $1.10 | 3 | -23.1% |
| 2025 | $1.43 | 4 | +2.9% |
| 2024 | $1.39 | 4 | +3.7% |
| 2023 | $1.34 | 4 | +7.2% |
| 2022 | $1.25 | 4 | +10.6% |
| 2021 | $1.13 | 4 | +8.7% |
| 2020 | $1.04 | 4 | +4.0% |
| 2019 | $1.00 | 4 | +19.0% |
| 2018 | $0.84 | 4 | +21.7% |
| 2017 | $0.69 | 4 | +27.8% |
| 2016 | $0.54 | 4 | +31.7% |
| 2015 | $0.41 | 4 | +41.4% |
| 2014 | $0.29 | 4 | +61.1% |
| 2013 | $0.18 | 4 | +80.0% |
| 2012 | $0.10 | 4 | +150.0% |
FRME stock splits
| Date | Ratio | Type |
|---|---|---|
| Aug 27, 2003 | 105-for-100 | Forward split |
| Aug 28, 2002 | 105-for-100 | Forward split |
| Aug 29, 2001 | 105-for-100 | Forward split |
| Oct 26, 1998 | 3-for-2 | Forward split |
| Oct 30, 1995 | 3-for-2 | Forward split |
| Jan 26, 1993 | 3-for-2 | Forward split |