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    GNG brief · Dividends · Historical announcement

    First Merchants Corporation Depository Shares preferred stock declares $0.4688 dividend

    By GNG ResearchAnnounced Published by GNG

    • FRMEP First Merchants Corporation Depository Shares (NASDAQ), preferred security, USD

    Written automatically from a fixed template using verified announcement facts and GNG data.

    On Jul 13, 2026, First Merchants Corporation Depository Shares (FRMEP) declared a quarterly dividend of $0.4688 per share payable Aug 14, 2026, to shareholders of record on Jul 30, 2026.

    The ex-dividend date is Jul 30, 2026.

    At this rate the annualized payout is $1.8752 per share, a 7.27% forward yield based on the Jul 13, 2026 close of $25.80.

    A comparable prior payment was unavailable.

    Announcement facts

    FactValue and basis
    Dividend per shareFRMEP$0.4688GNG data · USD
    Declaration dateFRMEPJul 13, 2026GNG data
    Ex-dividend dateFRMEPJul 30, 2026GNG data
    Record dateFRMEPJul 30, 2026GNG data
    Payment dateFRMEPAug 14, 2026GNG data
    Payment cadence (GNG classification)FRMEPQuarterly (4 per year)
    Distribution type (GNG classification)FRMEPRegular
    Closing priceFRMEP$25.80GNG data · USD
    Price dateFRMEPJul 13, 2026GNG data

    GNG calculations

    Calculated at publication from the inputs below. These figures do not update with live prices.

    CalculationMethod and inputs
    Annualized regular payout$1.8752

    amount x payments_per_year

    amount = 0.4688; payments_per_year = 4

    Exact, not rounded

    Calculated

    Dividend per sharePayment cadence (GNG classification)

    Forward yield7.27%

    annualized / close x 100

    annualized = 1.8752; close = 25.8

    Rounded half up to 2 decimal places

    Closing price date:

    Calculated

    Dividend per sharePayment cadence (GNG classification)Closing pricePrice date

    Sources

    1. First Merchants Corporation Depository Shares closing price

      GNG Research closing-price data

    2. First Merchants Corporation Depository Shares dividend history

      GNG Research dividend data

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