First Merchants Corporation ( FRME ) will begin trading ex-dividend on May 30, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on June 17, 2013. Shareholders who purchased FRME stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 66.67% increase over the prior quarter. At the current stock price of $16.88, the dividend yield is 1.18%.
The previous trading day's last sale of FRME was $16.88, representing a -0.71% decrease from the 52 week high of $17 and a 53.87% increase over the 52 week low of $10.97.
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 2013 as -13%, compared to an industry average of 2.8%.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.