First Merchants Dividend
What is First Merchants's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
|First Merchants Dividend Yield vs Market|
|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.