FRMEP Overview

Dividend Declaration: First Merchants Corporation has announced a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, with a payment date set for November 14, 2025.

Company Overview: First Merchants Corporation is a financial holding company based in Muncie, Indiana, operating First Merchants Bank and offering services through First Merchants Private Wealth Advisors.

Stock Performance: First Merchants Corp's 7.50% Dep Shares Non-Cumulative Preferred Stock Series A (FRMEP) is down about 0.3%, while the common shares (FRME) are down approximately 1.3% in Friday trading.

Dividend History: The article includes a chart detailing the historical dividend payments for FRMEP, indicating its performance over the past year compared to FRME.