First Merchants Dividend

What is First Merchants's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.19%

Current Dividend Yield

Dividend Yield vs Market

First Merchants Dividend Yield vs Market
How does FRME dividend yield compare to the market?
SegmentDividend Yield
Company (FRME)3.2%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Banks)3.4%
Analyst forecast in 3 Years (FRME)3.2%

Notable Dividend: FRME's dividend (3.19%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: FRME's dividend (3.19%) is low compared to the top 25% of dividend payers in the US market (4.57%).


Stability and Growth of Payments

Stable Dividend: FRME's dividends per share have been stable in the past 10 years.

Growing Dividend: FRME's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.8%), FRME's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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