First Merchants Corporation

NasdaqGS:FRME Stock Report

Market Cap: US$2.0b

First Merchants Dividend

Dividend criteria checks 5/6

First Merchants is a dividend paying company with a current yield of 4.13% that is well covered by earnings.

Key information

4.1%

Dividend yield

36%

Payout ratio

Industry average yield3.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$3.74
Dividend yield forecast in 3Y4.3%

Recent dividend updates

Recent updates

Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth Watching

Sep 24
Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth Watching

First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

May 31
First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

May 14
First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

If EPS Growth Is Important To You, First Merchants (NASDAQ:FRME) Presents An Opportunity

May 03
If EPS Growth Is Important To You, First Merchants (NASDAQ:FRME) Presents An Opportunity

First Merchants declares $0.32 dividend

Aug 10

First Merchants Non-GAAP EPS of $1.01 beats by $0.13, revenue of $156.94M beats by $1.6M

Jul 26

First Merchants: The Level One Acquisition Will Boost Earnings Power

Jun 07

First Merchants' (NASDAQ:FRME) Dividend Will Be Increased To US$0.32

May 14
First Merchants' (NASDAQ:FRME) Dividend Will Be Increased To US$0.32

Here's Why I Think First Merchants (NASDAQ:FRME) Might Deserve Your Attention Today

Mar 24
Here's Why I Think First Merchants (NASDAQ:FRME) Might Deserve Your Attention Today

Should You Be Adding First Merchants (NASDAQ:FRME) To Your Watchlist Today?

Nov 19
Should You Be Adding First Merchants (NASDAQ:FRME) To Your Watchlist Today?

If You Like EPS Growth Then Check Out First Merchants (NASDAQ:FRME) Before It's Too Late

Aug 07
If You Like EPS Growth Then Check Out First Merchants (NASDAQ:FRME) Before It's Too Late

First Merchants Corporation (NASDAQ:FRME) Vies For A Place In Your Dividend Portfolio: Here's Why

May 10
First Merchants Corporation (NASDAQ:FRME) Vies For A Place In Your Dividend Portfolio: Here's Why

This Insider Has Just Sold Shares In First Merchants Corporation (NASDAQ:FRME)

Mar 19
This Insider Has Just Sold Shares In First Merchants Corporation (NASDAQ:FRME)

First Merchants Corporation (NASDAQ:FRME) Passed Our Checks, And It's About To Pay A US$0.26 Dividend

Feb 28
First Merchants Corporation (NASDAQ:FRME) Passed Our Checks, And It's About To Pay A US$0.26 Dividend

Shareholders Of First Merchants (NASDAQ:FRME) Must Be Happy With Their 113% Total Return

Feb 18
Shareholders Of First Merchants (NASDAQ:FRME) Must Be Happy With Their 113% Total Return

Stability and Growth of Payments

Fetching dividends data

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.


Dividend Yield vs Market

First Merchants Dividend Yield vs Market
How does FRME dividend yield compare to the market?
SegmentDividend Yield
Company (FRME)4.1%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.9%
Industry Average (Banks)3.2%
Analyst forecast in 3 Years (FRME)4.3%

Notable Dividend: FRME's dividend (4.13%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: FRME's dividend (4.13%) is low compared to the top 25% of dividend payers in the US market (4.88%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.8%), FRME's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FRME's dividends in 3 years are forecast to be well covered by earnings (40.7% payout ratio).


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