{"id":724800,"date":"2023-01-20T15:03:05","date_gmt":"2023-01-20T20:03:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-merchants-corporation-announces-cash-dividend-on-its-preferred-stock-4\/"},"modified":"2023-01-20T15:03:05","modified_gmt":"2023-01-20T20:03:05","slug":"first-merchants-corporation-announces-cash-dividend-on-its-preferred-stock-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-merchants-corporation-announces-cash-dividend-on-its-preferred-stock-4\/","title":{"rendered":"First Merchants Corporation Announces Cash Dividend on Its Preferred Stock"},"content":{"rendered":"
\n

MUNCIE, Ind., Jan. 20, 2023 (GLOBE NEWSWIRE) — First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1\/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on February 15, 2023, to stockholders of record on January 31, 2023.<\/p>\n

\n About First Merchants Corporation:<\/u>\n <\/p>\n

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).<\/p>\n

First Merchants Corporation\u2019s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Depositary shares representing a 1\/100th interest in a share of First Merchants Corporation\u2019s 7.50% Non-Cumulative Perpetual Preferred Stock, Series A are traded on the NASDAQ Global Select Market System under the symbol FRMEP. Quotations are carried in daily newspapers and can be found on the company\u2019s Internet web page (http:\/\/www.firstmerchants.com<\/a>).<\/p>\n

FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.<\/p>\n

For more information, contact:
Nicole M. Weaver, Vice President, and Director of Corporate Administration
765-521-7619
http:\/\/www.firstmerchants.com<\/u><\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

MUNCIE, Ind., Jan. 20, 2023 (GLOBE NEWSWIRE) — First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1\/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on February 15, 2023, to stockholders of record on January 31, 2023. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). … <\/p>\n

Continue reading “First Merchants Corporation Announces Cash Dividend on Its Preferred Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-724800","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFirst Merchants Corporation Announces Cash Dividend on Its Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-merchants-corporation-announces-cash-dividend-on-its-preferred-stock-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Merchants Corporation Announces Cash Dividend on Its Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MUNCIE, Ind., Jan. 20, 2023 (GLOBE NEWSWIRE) — First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1\/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on February 15, 2023, to stockholders of record on January 31, 2023. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. 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