First Merchants Corporation Dividends | Yield & Payout

Dividend history and payout analysis for First Merchants Corporation (FRME). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.

Dividend Performance Chart

Dividend Summary (FY)

37 years
Metric (FY)2025202420232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989
Dividends per share (FY)$1.43$1.39$1.34$1.25$1.13$1.04$1.00$0.84$0.69$0.54$0.41$0.29$0.18$0.10$0.04$0.04$0.47$0.92$0.92$0.92$0.92$0.92$0.92$0.92$0.92$0.87$0.81$1.06$1.04$0.88$1.06$1.06$0.94$1.28$1.18$1.06$0.50
Dividend yield (FY) %N/A3.59%3.73%3.13%2.72%2.80%2.40%2.47%1.68%1.45%1.63%1.30%1.19%1.75%2.11%2.74%11.38%4.18%4.22%3.39%3.54%3.26%3.55%3.95%3.73%4.02%3.11%2.53%2.42%3.10%3.00%3.27%3.28%2.84%4.03%4.72%3.89%
Payout ratio (FY) %N/A41.46%36.61%33.39%29.79%38.05%31.18%26.18%33.12%27.39%23.94%17.78%17.95%16.49%18.73%85.69%-34.97%81.28%53.27%56.13%56.16%57.96%60.05%50.28%50.10%51.81%51.31%44.13%43.03%41.22%39.39%39.13%36.78%37.18%38.24%36.67%35.09%

Dividend Payout History

100 payments
Pay DateEx-DateRecord DateAmount
2025-12-19December 05, 252025-12-05$0.36
2025-09-19September 05, 252025-09-05$0.36
2025-06-20June 06, 252025-06-06$0.36
2025-03-21March 07, 252025-03-07$0.35
2024-12-20December 06, 242024-12-06$0.35
2024-09-20September 06, 242024-09-06$0.35
2024-06-21June 07, 242024-06-07$0.35
2024-03-15February 29, 242024-03-01$0.34
2023-12-15November 30, 232023-12-01$0.34
2023-09-15August 31, 232023-09-01$0.34
2023-06-16June 01, 232023-06-02$0.34
2023-03-17March 02, 232023-03-03$0.32
2022-12-16December 01, 222022-12-02$0.32
2022-09-16September 01, 222022-09-02$0.32
2022-06-17June 02, 222022-06-03$0.32
2022-03-18March 03, 222022-03-04$0.29
2021-12-17December 02, 212021-12-03$0.29
2021-09-17September 02, 212021-09-03$0.29
2021-06-18June 03, 212021-06-04$0.29
2021-03-19March 04, 212021-03-05$0.26
2020-12-18December 03, 202020-12-04$0.26
2020-09-18September 03, 202020-09-04$0.26
2020-06-19June 04, 202020-06-05$0.26
2020-03-20March 05, 202020-03-06$0.26
2019-12-20December 05, 192019-12-06$0.26
2019-09-20August 29, 192019-08-31$0.26
2019-06-21May 17, 192019-05-20$0.26
2019-03-15February 28, 192019-03-01$0.22
2018-12-21December 06, 182018-12-07$0.22
2018-09-21September 06, 182018-09-07$0.22
2018-06-15May 31, 182018-06-01$0.22
2018-03-16March 01, 182018-03-02$0.18
2017-12-15November 30, 172017-12-01$0.18
2017-09-15August 30, 172017-09-01$0.18
2017-06-16May 31, 172017-06-02$0.18
2017-03-17March 01, 172017-03-03$0.15
2016-12-16November 30, 162016-12-02$0.15
2016-09-16August 31, 162016-09-02$0.14
2016-06-17June 01, 162016-06-03$0.14
2016-03-18March 02, 162016-03-04$0.11
2015-12-18December 02, 152015-12-04$0.11
2015-09-18September 02, 152015-09-04$0.11
2015-06-19June 03, 152015-06-05$0.11
2015-03-20March 05, 152015-03-09$0.08
2014-12-19December 03, 142014-12-05$0.08
2014-09-19September 03, 142014-09-05$0.08
2014-06-20June 04, 142014-06-06$0.08
2014-03-21March 05, 142014-03-07$0.05
2013-12-20December 04, 132013-12-06$0.05
2013-09-20September 04, 132013-09-06$0.05
2013-06-17May 30, 132013-06-03$0.05
2013-03-18March 13, 132013-03-15$0.03
2012-12-17November 29, 122012-12-03$0.03
2012-09-17August 30, 122012-09-04$0.03
2012-06-18May 31, 122012-06-04$0.03
2012-03-19March 01, 122012-03-05$0.01
2011-12-19December 01, 112011-12-05$0.01
2011-09-19August 31, 112011-09-02$0.01
2011-06-20June 02, 112011-06-06$0.01
2011-03-21March 03, 112011-03-07$0.01
2010-12-20December 02, 102010-12-06$0.01
2010-09-20September 01, 102010-09-06$0.01
2010-06-21June 03, 102010-06-07$0.01
2010-03-19March 03, 102010-03-05$0.01
2009-12-18December 02, 092009-12-04$0.08
2009-09-18September 02, 092009-09-04$0.08
2009-06-19June 03, 092009-06-05$0.08
2009-03-20March 04, 092009-03-06$0.23
2008-12-19December 03, 082008-12-05$0.23
2008-09-19September 03, 082008-09-05$0.23
2008-06-20June 04, 082008-06-06$0.23
2008-03-20March 04, 082008-03-06$0.23
2007-12-20December 04, 072007-12-06$0.23
2007-09-20September 04, 072007-09-06$0.23
2007-06-20June 04, 072007-06-06$0.23
2007-03-20March 02, 072007-03-06$0.23
2006-12-20December 04, 062006-12-06$0.23
2006-09-20September 01, 062006-09-06$0.23
2006-06-19June 01, 062006-06-05$0.23
2006-03-20March 02, 062006-03-06$0.23
2005-12-20December 02, 052005-12-06$0.23
2005-09-20September 01, 052005-09-06$0.23
2005-06-20June 02, 052005-06-06$0.23
2005-03-21March 03, 052005-03-07$0.23
2004-12-20December 02, 042004-12-06$0.23
2004-09-20September 01, 042004-09-06$0.23
2004-06-18June 02, 042004-06-04$0.23
2004-03-19March 03, 042004-03-05$0.23
2003-12-19December 03, 032003-12-05$0.23
2003-09-19September 03, 032003-09-05$0.23
2003-06-20June 04, 032003-06-06$0.23
2003-03-20March 04, 032003-03-06$0.23
2002-12-20December 04, 022002-12-06$0.23
2002-09-20September 04, 022002-09-06$0.23
2002-06-20June 06, 022002-06-06$0.23
2002-03-20March 05, 022002-03-06$0.23
2001-12-20December 04, 012001-12-06$0.23
2001-09-24September 06, 012001-09-10$0.23
2001-06-21June 04, 012001-06-06$0.23
2001-03-20March 02, 012001-03-06$0.23

Frequently Asked Questions

What is First Merchants Corporation's current dividend yield and payout ratio?

The dividend yield shows how much First Merchants Corporation returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has First Merchants Corporation's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for First Merchants Corporation, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is First Merchants Corporation a high-yield stock compared to its industry peers?

Comparing First Merchants Corporation's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can First Merchants Corporation maintain its dividend during market downturns?

Analyzing First Merchants Corporation's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider First Merchants Corporation dividends as part of my long-term investment strategy?

Investors often include First Merchants Corporation dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.