FRME Dividend History & Yield
First Merchants Corporation · NasdaqGS
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Fri, Dec 4, 2026 (in 86 days) | Dec 18, 2026 | $0.37 | $37.00 | Estimated |
| Fri, Mar 5, 2027 (in 177 days) | Mar 19, 2027 | $0.37 | $37.00 | Estimated |
| Fri, Jun 4, 2027 (in 268 days) | Jun 18, 2027 | $0.37 | $37.00 | Estimated |
| Fri, Sep 3, 2027 (in 359 days) | Sep 17, 2027 | $0.37 | $37.00 | Estimated |
Estimated dates and amounts are projected from FRME's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.48 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much FRME do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 811 | $33,381 | $1,200 |
| $500 / month | 4,055 | $166,905 | $6,000 |
| $1,000 / month | 8,109 | $333,811 | $12,000 |
Based on the forward yield of 3.59%. $10,000 in FRME would currently pay about $359 a year ($30 a month on average). Model reinvestment and growth →
FRME dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 4, 2026 | Sep 18, 2026 | $0.37 | +0.0% |
| Jun 5, 2026 | Jun 19, 2026 | $0.37 | +2.8% |
| Mar 6, 2026 | Mar 20, 2026 | $0.36 | +0.0% |
| Dec 5, 2025 | Dec 19, 2025 | $0.36 | +0.0% |
| Sep 5, 2025 | Sep 19, 2025 | $0.36 | +0.0% |
| Jun 6, 2025 | Jun 20, 2025 | $0.36 | +2.9% |
| Mar 7, 2025 | Mar 21, 2025 | $0.35 | +0.0% |
| Dec 6, 2024 | Dec 20, 2024 | $0.35 | +0.0% |
| Sep 6, 2024 | Sep 20, 2024 | $0.35 | +0.0% |
| Jun 7, 2024 | Jun 21, 2024 | $0.35 | +2.9% |
| Feb 29, 2024 | Mar 15, 2024 | $0.34 | +0.0% |
| Nov 30, 2023 | Dec 15, 2023 | $0.34 | +0.0% |
| Aug 31, 2023 | Sep 15, 2023 | $0.34 | +0.0% |
| Jun 1, 2023 | Jun 16, 2023 | $0.34 | +6.2% |
| Mar 2, 2023 | Mar 17, 2023 | $0.32 | +0.0% |
| Dec 1, 2022 | Dec 16, 2022 | $0.32 | +0.0% |
| Sep 1, 2022 | Sep 16, 2022 | $0.32 | +0.0% |
| Jun 2, 2022 | Jun 17, 2022 | $0.32 | +10.3% |
| Mar 3, 2022 | Mar 18, 2022 | $0.29 | +0.0% |
| Dec 2, 2021 | Dec 17, 2021 | $0.29 | +0.0% |
| Sep 2, 2021 | Sep 17, 2021 | $0.29 | +0.0% |
| Jun 3, 2021 | Jun 18, 2021 | $0.29 | +11.5% |
| Mar 4, 2021 | Mar 19, 2021 | $0.26 | +0.0% |
| Dec 3, 2020 | Dec 18, 2020 | $0.26 | +0.0% |
FRME dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Jun 5, 2026 | Raised 2.8% | $0.36 | $0.37 | Paid |
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
FRME scores 0/100 on our yield-trap heuristic (low risk).
No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About First Merchants Corporation
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties.
Sector: Financial Services. Industry: Banks - Regional. First dividend on our records: Aug 30, 1989. 149 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
FRME dividend FAQ
When is FRME's next ex-dividend date?
FRME's next ex-dividend date is Dec 4, 2026 (in 86 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.37 per share, expected on Dec 18, 2026.
How often does FRME pay dividends?
FRME pays dividends every quarter, 4 times a year. The most recent payment was $0.37 per share with an ex-date of Sep 4, 2026.
What is FRME's dividend yield?
FRME's trailing 12-month dividend yield is 3.55%, based on $1.46 per share paid over the last year and a share price of $41.17. The forward yield, using the indicated annual rate of $1.48 per share, is 3.59%.
How much does FRME pay per share?
FRME pays about $0.37 per share each quarter, which works out to roughly $1.48 per share a year. 100 shares would collect about $148.00 a year.
Has FRME grown or cut its dividend?
FRME has raised its annual dividend for 5 consecutive years. Over the last 5 years the regular payout has grown at 5.8% a year (+2.8% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of FRME do I need to earn $100 a month?
At the current forward yield of 3.59%, you would need about 811 shares of FRME (roughly $33,381 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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