First Merchants Dividend
Dividend criteria checks 5/6
First Merchants is a dividend paying company with a current yield of 3.53% that is well covered by earnings.
Key information
3.5%
Dividend yield
44%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$1.400 |
Earnings per share | US$3.16 |
Dividend yield forecast | 3.5% |
Recent dividend updates
Recent updates
First Merchants Corporation: Decent Return Potential With Earnings Likely To Recover Next Year
Sep 18First Merchants (NASDAQ:FRME) Is Paying Out A Dividend Of $0.35
Aug 22First Merchants Corporation: An Attractive Way To Play The Banking Sector
Jun 21Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth Watching
Sep 24First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's
May 31First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's
May 14If EPS Growth Is Important To You, First Merchants (NASDAQ:FRME) Presents An Opportunity
May 03First Merchants declares $0.32 dividend
Aug 10First Merchants Non-GAAP EPS of $1.01 beats by $0.13, revenue of $156.94M beats by $1.6M
Jul 26First Merchants: The Level One Acquisition Will Boost Earnings Power
Jun 07First Merchants' (NASDAQ:FRME) Dividend Will Be Increased To US$0.32
May 14Here's Why I Think First Merchants (NASDAQ:FRME) Might Deserve Your Attention Today
Mar 24Should You Be Adding First Merchants (NASDAQ:FRME) To Your Watchlist Today?
Nov 19If You Like EPS Growth Then Check Out First Merchants (NASDAQ:FRME) Before It's Too Late
Aug 07Stability 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 |
---|
Segment | Dividend Yield |
---|---|
Company (FRME) | 3.5% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.4% |
Industry Average (Banks) | 2.8% |
Analyst forecast (FRME) (up to 3 years) | 3.5% |
Notable Dividend: FRME's dividend (3.53%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: FRME's dividend (3.53%) is low compared to the top 25% of dividend payers in the US market (4.35%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.7%), 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 (38.9% payout ratio).