First Merchants Co. (NASDAQ:FRMEP – Get Free Report) shares rose 0.5% during mid-day trading on Wednesday . The stock traded as high as $25.64 and last traded at $25.64. Approximately 200 shares were traded during trading, a decline of 83% from the average daily volume of 1,206 shares. The stock had previously closed at $25.50.
First Merchants Price Performance
The company has a 50-day simple moving average of $25.62 and a two-hundred day simple moving average of $25.41.
First Merchants Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.31%. The ex-dividend date was Thursday, October 31st.
About First Merchants
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans.
Featured Stories
- Five stocks we like better than First Merchants
- What Investors Need to Know to Beat the Market
- Constellation Energy: Stock Climbs on Billion-Dollar Contract
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Vistra Stock: Powered for Continued Gains in the New Year
- 3 Best Fintech Stocks for a Portfolio Boost
- These 3 AI Stocks Are Ready to Lead in 2025
Receive News & Ratings for First Merchants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Merchants and related companies with MarketBeat.com's FREE daily email newsletter.
