First Merchants Corporation (FRME) Ex-Dividend Date Scheduled for November 29, 2012


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First Merchants Corporation ( FRME ) has announced an ex-dividend date of November 29, 2012 and a cash dividend payment of $0.03 per share scheduled for December 17, 2012. Shareholders who purchased FRME stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that FRME has paid the same dividend. At the current stock price of $13.65, the dividend yield is .88%.

The previous trading day's last sale of FRME was $13.65, representing a -13.5% decrease from the 52 week high of $15.78 and a 84.96% increase over the 52 week low of $7.38.

FRME is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). FRME's current earnings per share, an indicator of a company's profitability, is $1.33. Zacks Investment Research reports FRME's forecasted earnings growth in 2012 as 310.59%, compared to an industry average of 15.1%.

For more information on the declaration, record and payment dates, visit the FRME Dividend History page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: FRME , JPM , WFC

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