FirstMerit Corporation (FMER) Ex-Dividend Date Scheduled for May 23, 2013


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FirstMerit Corporation ( FMER ) will begin trading ex-dividend on May 23, 2013. A cash dividend payment of $0.16 per share is scheduled to be paid on June 17, 2013. Shareholders who purchased FMER stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that FMER has paid the same dividend. At the current stock price of $18.58, the dividend yield is 3.44%.

The previous trading day's last sale of FMER was $18.58, representing a -0.21% decrease from the 52 week high of $18.62 and a 43.47% 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 $1.28. Zacks Investment Research reports FMER's forecasted earnings growth in 2013 as 6.41%, compared to an industry average of 4.6%.

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:

  • SPDR S&P Regional Banking ETF ( KRE )
  • PowerShares Fundamental Pure Small Value Portfolio ( PXSV ).

The top-performing ETF of this group is PXSV with an increase of 21.59% over the last 100 days. KRE has the highest percent weighting of FMER at 1.86%.

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: FMER , JPM , KRE , PXSV , WFC

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