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First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
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Why This Matters
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 of February 16, 2026, for holders of record on January 30, 2026.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
MUNCIE, Ind., Jan. 12, 2026 (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 16, 2026, to stockholders of record on January 30, 2026. A
Original article published by
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on January 12, 2026.
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