FRMEP Dividend History & Yield

First Merchants Corporation · NasdaqGS

Stock Financial Services Quarterly payer High yield
$25.04
+0.16% today
as of Sep 9, 2026
TTM yield
7.49%
$1.876/share over the last 12 months
Forward yield
7.49%
$1.876/share indicated annual rate
Annual dividend
$1.876
per share, forward
Per payment
$0.469
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 29, 2026 Estimated
in 50 days
Next pay date
Nov 13, 2026
in 65 days
Last ex-dividend date
Jul 30, 2026
$0.469 per share
Payout ratio
n/a
not available
Market cap
n/a
P/E 6.6
3y dividend CAGR
+0.0%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
5.9
since Oct 29, 2020
1y total return
+5.5%
price -1.8% + dividends 7.4%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Oct 29, 2026 (in 50 days) Nov 13, 2026 $0.469 $46.90 Estimated
Thu, Jan 28, 2027 (in 141 days) Feb 12, 2027 $0.469 $46.90 Estimated
Thu, Apr 29, 2027 (in 232 days) May 14, 2027 $0.469 $46.90 Estimated
Thu, Jul 29, 2027 (in 323 days) Aug 13, 2027 $0.469 $46.90 Estimated

Estimated dates and amounts are projected from FRMEP's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.876 per share.

Dividend payment history

Last 24 payments per share. RegularSpecial

Last 24 payments per share from Oct 29, 2020 to Jul 30, 2026; most recent $0.469$0.00$0.30$0.60Oct 29, 2020: $0.479Oct '20Jan 28, 2021: $0.469Apr 29, 2021: $0.469Jul 29, 2021: $0.469Jul '21Oct 28, 2021: $0.469Jan 28, 2022: $0.469Apr 28, 2022: $0.469Apr '22Jul 28, 2022: $0.469Oct 28, 2022: $0.469Jan 30, 2023: $0.469Jan '23Apr 27, 2023: $0.469Jul 28, 2023: $0.469Oct 30, 2023: $0.469Oct '23Jan 30, 2024: $0.469Apr 29, 2024: $0.469Jul 30, 2024: $0.469Jul '24Oct 31, 2024: $0.469Jan 31, 2025: $0.469Apr 30, 2025: $0.469Apr '25Jul 30, 2025: $0.469Oct 31, 2025: $0.469Jan 30, 2026: $0.469Jan '26Apr 30, 2026: $0.469Jul 30, 2026: $0.469

Annual dividends per share

Annual dividend per share by calendar year, 2020 to 2026 (year to date)$0.00$1.00$2.002020: $0.479$0.47920202021: $1.876$1.87620212022: $1.876$1.87620222023: $1.876$1.87620232024: $1.876$1.87620242025: $1.876$1.87620252026 (YTD): $1.407$1.4072026 YTD

How much FRMEP do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month640$16,017$1,200
$500 / month3,199$80,085$6,000
$1,000 / month6,397$160,171$12,000

Based on the forward yield of 7.49%. $10,000 in FRMEP would currently pay about $749 a year ($62 a month on average). Model reinvestment and growth →

FRMEP dividend history

Download CSV
Ex-datePay dateAmountChange
Jul 30, 2026 Aug 14, 2026 $0.469 +0.0%
Apr 30, 2026 May 15, 2026 $0.469 +0.0%
Jan 30, 2026 Feb 16, 2026 $0.469 +0.0%
Oct 31, 2025 Nov 14, 2025 $0.469 +0.0%
Jul 30, 2025 Aug 15, 2025 $0.469 +0.0%
Apr 30, 2025 May 15, 2025 $0.469 +0.0%
Jan 31, 2025 Feb 15, 2025 $0.469 +0.0%
Oct 31, 2024 Nov 15, 2024 $0.469 +0.0%
Jul 30, 2024 Aug 15, 2024 $0.469 +0.0%
Apr 29, 2024 May 15, 2024 $0.469 +0.0%
Jan 30, 2024 Feb 15, 2024 $0.469 +0.0%
Oct 30, 2023 Nov 15, 2023 $0.469 +0.0%
Jul 28, 2023 Aug 15, 2023 $0.469 +0.0%
Apr 27, 2023 May 15, 2023 $0.469 +0.0%
Jan 30, 2023 Feb 15, 2023 $0.469 +0.0%
Oct 28, 2022 Nov 15, 2022 $0.469 +0.0%
Jul 28, 2022 Aug 15, 2022 $0.469 +0.0%
Apr 28, 2022 May 15, 2022 $0.469 +0.0%
Jan 28, 2022 $0.469 +0.0%
Oct 28, 2021 $0.469 +0.0%
Jul 29, 2021 $0.469 +0.0%
Apr 29, 2021 $0.469 +0.0%
Jan 28, 2021 $0.469 -2.1%
Oct 29, 2020 $0.479

FRMEP dividend increases & cuts

Market-wide changes →

No change to FRMEP's regular dividend detected in the last year of data.

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

Yield-trap heuristicLow risk

FRMEP scores 10/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Yield above 7%

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: Oct 29, 2020. 24 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

FRMEP dividend FAQ

When is FRMEP's next ex-dividend date?

FRMEP's next ex-dividend date is Oct 29, 2026 (in 50 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.469 per share, expected on Nov 13, 2026.

How often does FRMEP pay dividends?

FRMEP pays dividends every quarter, 4 times a year. The most recent payment was $0.469 per share with an ex-date of Jul 30, 2026.

What is FRMEP's dividend yield?

FRMEP's trailing 12-month dividend yield is 7.49%, based on $1.876 per share paid over the last year and a share price of $25.04. The forward yield, using the indicated annual rate of $1.876 per share, is 7.49%.

How much does FRMEP pay per share?

FRMEP pays about $0.469 per share each quarter, which works out to roughly $1.876 per share a year. 100 shares would collect about $187.60 a year.

Has FRMEP grown or cut its dividend?

Over the last 3 years the regular payout changed +0.0% a year. There has been no cut to a regular payment in the last 5 years.

How many shares of FRMEP do I need to earn $100 a month?

At the current forward yield of 7.49%, you would need about 640 shares of FRMEP (roughly $16,017 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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