First Merchants Stock

First Merchants Dividend 2024

First Merchants Dividend

1.34 USD

First Merchants Dividend yield

3.6 %

Ticker

FRME

ISIN

US3208171096

WKN

919326

How much dividend does First Merchants 2024 pay?

According to the latest status from October 2024, First Merchants paid a total of 1.34 USD per share in dividends within the last 12 months. With the current First Merchants price of 37.2 USD, this corresponds to a dividend yield of 3.6 %. A dividend is paid times per year.

3.6 % Dividend Yield=
1.34 USD Dividend
37.2 USD Stock Price

Historical First Merchants Dividends

A dividend is paid times per year. Last year, the payout months were January, April, July, October and December.

PaydateDividend
10/6/20240.35
7/7/20240.35
3/29/20240.34
12/30/20230.34
10/1/20230.34
7/1/20230.34
4/2/20230.32
1/1/20230.32
10/1/20220.32
7/2/20220.32
4/3/20220.29
1/2/20220.29
10/2/20210.29
7/3/20210.29
4/4/20210.26
1/3/20210.26
10/3/20200.26
7/4/20200.26
4/5/20200.26
1/5/20200.26
1
2
3
4
5
...
7

First Merchants dividend history and estimates

In 2023, First Merchants paid a dividend amounting to 1.34 USD. Dividend means that First Merchants distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for First Merchants provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify First Merchants’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating First Merchants's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

First Merchants Dividend History

DateFirst Merchants Dividend
2026e1.44 undefined
2025e1.44 undefined
2024e1.44 undefined
20231.34 undefined
20221.25 undefined
20211.13 undefined
20201.04 undefined
20191 undefined
20180.84 undefined
20170.69 undefined
20160.54 undefined
20150.41 undefined
20140.29 undefined
20130.21 undefined
20120.1 undefined
20110.04 undefined
20100.04 undefined
20090.47 undefined
20080.92 undefined
20070.92 undefined
20060.92 undefined
20050.92 undefined
20040.92 undefined

Is the First Merchants Dividend Safe?

First Merchants has been increasing the dividend for 12 years.

Over the past 10 years, First Merchants has increased it by an annual 20.362 %.

Over a five-year period, the distribution increased by 9.791%.

Analysts expect a Dividend Increase of 3.623% for the current fiscal year.

First Merchants dividend payout ratio

In 2023, First Merchants had a payout ratio of 33.47%. The payout ratio indicates the percentage of the company's profits that First Merchants distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for First Merchants represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for First Merchants could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate First Merchants's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

First Merchants Payout Ratio History

DateFirst Merchants Payout ratio
2026e32.74 %
2025e32.75 %
2024e31.98 %
202333.47 %
202232.81 %
202129.66 %
202037.96 %
201931.35 %
201826.09 %
201732.7 %
201627.27 %
201523.84 %
201417.58 %
201315 %
20127.09 %
201111.76 %
20108.33 %
2009-21.66 %
200880.7 %
200753.18 %
200656.1 %
200556.44 %
200458.23 %

Dividend Details

Understanding First Merchants's Dividend Distributions

First Merchants’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining First Merchants's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

First Merchants's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in First Merchants’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

First Merchants Aktienanalyse

What does First Merchants do?

First Merchants Corp is one of the largest independent banks in Indiana, USA. The bank was founded in 1982 and has since become a leading financial institution with a strong presence in the region. The company is listed on the NASDAQ stock exchange under the symbol FRME. First Merchants Corp's business model is based on providing top-notch financial services to customers in Indiana and other parts of the country. The bank offers a wide range of products and services for individuals, businesses, and institutions. These include savings accounts, credit cards, loans, leasing, online and mobile banking, and wealth management. First Merchants Corp also operates a number of subsidiaries and business segments that offer specialized products and services. This includes the First Merchants Insurance Group, which provides insurance for private and business customers. The First Merchants Wealth Management Group offers investment and wealth management services to clients. The bank also operates a subsidiary called First Merchants Investment Services, which provides securities services to individual customers and business. In addition, First Merchants Trust Company operates an asset management service that focuses on testamentary assets and trust accounts. First Merchants Corp's product range includes a wide range of financial services for a variety of customers. For retail customers, the company offers checking and savings accounts, credit cards, mortgage loans, auto loans, and personal loans. For business customers, loans are available to support equipment, real estate, and working capital, as well as cash management and credit card services. As part of its efforts to provide its customers with the best financial products and services, First Merchants Corp has significantly improved its online and mobile banking. Customers can conduct banking transactions from anywhere by simply downloading an app or visiting the website. In recent years, the bank has expanded its presence in Indiana through a series of acquisitions. The acquisition of Old National Bancorp in 2021 has made First Merchants Corp the largest bank in the region. The company has also acquired a number of smaller banks to further strengthen its position in the market. Overall, First Merchants Corp has a long history as a reliable and trustworthy financial services provider in Indiana. With its wide range of products, strong business model, and dedicated customer service, the company is well positioned to grow and continue to be successful in the future. First Merchants is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about First Merchants stock

How much dividend does First Merchants pay?

Over the past 12 months, First Merchants paid a dividend of 1.34 USD . This corresponds to a dividend yield of about 3.6 %. For the coming 12 months, First Merchants is expected to pay a dividend of 1.44 USD.

What is the dividend yield of First Merchants?

The current dividend yield of First Merchants is 3.6 %.

When does First Merchants pay dividends?

First Merchants pays a quarterly dividend. This is distributed in the months of December, March, July, October.

How secure is the dividend of First Merchants?

First Merchants paid dividends every year for the past 23 years.

What is the dividend of First Merchants?

For the upcoming 12 months, dividends amounting to 1.44 USD are expected. This corresponds to a dividend yield of 3.86 %.

In which sector is First Merchants located?

First Merchants is assigned to the 'Finance' sector.

Wann musste ich die Aktien von First Merchants kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of First Merchants from 9/20/2024 amounting to 0.35 USD, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.

When did First Merchants pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of First Merchants in the year 2023?

In the year 2023, First Merchants distributed 1.25 USD as dividends.

In which currency does First Merchants pay out the dividend?

The dividends of First Merchants are distributed in USD.

Andere Kennzahlen von First Merchants

Our stock analysis for First Merchants Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Merchants Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.