FirstMerit Corporation (FMER) Ex-Dividend Date Scheduled for August 22, 2013

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FirstMerit Corporation ( FMER ) will begin trading ex-dividend on August 22, 2013. A cash dividend payment of $0.16 per share is scheduled to be paid on September 16, 2013. Shareholders who purchased FMER stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that FMER has paid the same dividend. At the current stock price of $22.98, the dividend yield is 2.79%.

The previous trading day's last sale of FMER was $22.98, representing a -1.25% decrease from the 52 week high of $23.27 and a 77.45% increase over the 52 week low of $12.95.

FMER is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). FMER's current earnings per share, an indicator of a company's profitability, is $1.29. Zacks Investment Research reports FMER's forecasted earnings growth in 2013 as .96%, compared to an industry average of 7.8%.

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

Interested in gaining exposure to FMER through an Exchange Traded Fund [ETF]?
The following ETF(s) have FMER as a top-10 holding:

  • PowerShares KBW Regional Banking Portfolio ETF ( KBWR )
  • First Trust NASDAQ ABA Community Bank Index Fund ( QABA )
  • SPDR Bank ETF ( KBE )
  • SPDR S&P Regional Banking ETF ( KRE )
  • iShares Morningstar Small Value Index Fund ( JKL ).

The top-performing ETF of this group is KRE with an increase of 15.92% over the last 100 days. KBWR has the highest percent weighting of FMER at 3.07%.



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



This article appears in: News Headlines , Stocks


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