FRME Dividend History & Analysis | 3.7% Yield

FRME has a dividend yield of 3.7% and paid 1.45 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.73%
Payout Ratio 36.4%
Growth Rate CAGR 5y 4.7%
Consistency Lifetime 100%
Yield on Cost 5y 4.3%
Payout FCF 31.1%
Streak Years 5
Dividend Rating 62.1%
Chowder Number yield + growth 8.4% below 12% target for healthy growth
Yield vs Average 5y +310.6% avg 0.91% vs now 3.73%
Debt / EBITDA leverage 0.7x healthy
Income per 10k invested 373 USD per year
Dividends Cash Amount per Share Yearly FRME annual dividends paid per share, showing the total cash First Merchants distributed to shareholders each year.
Dividend Growth Year over Year FRME year-over-year dividend growth rate, showing how First Merchants's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History FRME dividend yield history versus share price over the past 5 years, showing how First Merchants's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Regional Banks

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
BPE MI
BPER Banca
33,410 M 5.85% 49.26%
UCG MI
UniCredit S.p.A.
139,813 M 4.77% 42.12%
SWED-A ST
Swedbank (publ)
41,627 M 9.93% 27.65%
VLK AS
Van Lanschot
3,190 M 5.82% 29.63%
IFS NYSE
Intercorp Financial
6,457 M 7.81% 19.31%
BDB MI
Banco di Desio e della
2,081 M 5.78% 21.47%
MB MI
Mediobanca Banca di Credito
24,560 M 6.65% 18.31%
CE MI
Credito Emiliano S.p.A
6,860 M 5.13% 19.62%
BG VI
BAWAG
15,627 M 4.27% 21.26%
NDA-FI HE
Nordea Bank Abp
64,252 M 6.70% 15.98%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MCB NYSE
Metropolitan Bank Holding
1,221 M 105.65% 100.0%
CBK XETRA
Commerzbank
47,735 M 77.88% 100.0%
BCML NASDAQ
BayCom
364 M 55.95% 100.0%
BPE MI
BPER Banca
33,410 M 58.37% 100.0%
BDB MI
Banco di Desio e della
2,081 M 54.54% 100.0%
FCNCA NASDAQ
First Citizens BancShares
24,136 M 53.65% 100.0%
DBK XETRA
Deutsche Bank
64,641 M 49.35% 100.0%
SWED-A ST
Swedbank (publ)
41,627 M 34.02% 97.1%
CE MI
Credito Emiliano S.p.A
6,860 M 29.07% 97.6%
RRBI NASDAQ
Red River Bancshares
624 M 25.63% 100.0%

FRME Dividend History

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-05 2026-06-05 2026-06-19 Quarterly 0.37 +2.8% 0.93%
2026-03-06 2026-03-06 2026-03-20 Quarterly 0.36 0% 0.97%
2025-12-05 2025-12-05 2025-12-19 Quarterly 0.36 0% 0.97%
2025-09-05 2025-09-05 2025-09-19 Quarterly 0.36 0% 0.86%
2025-06-06 2025-06-06 2025-06-20 Quarterly 0.36 +2.9% 0.98%
2025-03-07 2025-03-07 2025-03-21 Quarterly 0.35 0% 0.84%
2024-12-06 2024-12-06 2024-12-20 Quarterly 0.35 0% 0.81%
2024-09-06 2024-09-06 2024-09-20 Quarterly 0.35 0% 0.94%
2024-06-07 2024-06-07 2024-06-21 Quarterly 0.35 +2.9% 1.11%
2024-02-29 2024-03-01 2024-03-15 Quarterly 0.34 0% 1.02%
2023-11-30 2023-12-01 2023-12-15 Quarterly 0.34 0% 1.1%
2023-08-31 2023-09-01 2023-09-15 Quarterly 0.34 0% 1.15%
2023-06-01 2023-06-02 2023-06-16 Quarterly 0.34 +6.3% 1.3%
2023-03-02 2023-03-03 2023-03-17 Quarterly 0.32 0% 0.8%
2022-12-01 2022-12-02 2022-12-16 Quarterly 0.32 0% 0.72%
2022-09-01 2022-09-02 2022-09-16 Quarterly 0.32 0% 0.81%
2022-06-02 2022-06-03 2022-06-17 Quarterly 0.32 +10.3% 0.79%
2022-03-03 2022-03-04 2022-03-18 Quarterly 0.29 0% 0.66%
2021-12-02 2021-12-03 2021-12-17 Quarterly 0.29 0% 0.74%
2021-09-02 2021-09-03 2021-09-17 Quarterly 0.29 0% 0.71%

FRME Dividend FAQ

What is the Dividend Yield of FRME?

As of July 2026, FRME's dividend yield is 3.73%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.45 USD by the current share price of 42.84.

Does FRME pay a dividend?

As of July 2026, FRME paid a dividend of 1.45 USD in the last 12 months. The last dividend was paid on 2026-06-05 and the payout was 0.37 USD.

How often does FRME pay dividends?

FRME pays dividends quarterly. Over the last 12 months, FRME has issued 4 dividend payments. The last dividend payment was made on 2026-06-05.

FRME dividend forecast

Based on historical data, the forecasted dividends per share for FRME for the next payments are between 0.367 (-0.8%) and 0.372 (+0.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.46%.

Will FRME pay dividends in 2026?

The latest dividend paid per share was 0.37 USD with an Ex-Dividend Date of 2026-06-05. The next Ex-Dividend date for First Merchants (FRME) is currently unknown.

What is the next Ex-Dividend Date for FRME?

The next Ex-Dividend date for First Merchants (FRME) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of FRME?

FRME's average dividend growth rate over the past 5 years is 4.65% per year. Strong growth: FRME's dividend growth is outpacing inflation.

What is the Yield on Cost of FRME?

FRME's 5-Year Yield on Cost is 4.27%. If you bought FRME's shares at 33.98 USD five years ago, your current annual dividend income (1.45 USD per share, trailing 12 months) equals 4.27% of your original purchase price.

What is the Payout Consistency of FRME?

FRME Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: First Merchants has a strong track record of consistent dividend payments over its lifetime.

Does FRME have a good Dividend Yield?

FRME's 3.73% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of FRME?

The Dividend Payout Ratio of FRME is 36.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of FRME?

FRME's Overall Dividend Rating is 62.07%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

FRME Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in FRME's Outstanding Shares?

First Merchants's outstanding shares have increased by approximately 1.08% annually over the past 3 years (Trend Reliability: -60.0%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has FRME ever had a Stock Split?

Yes, the last stock split was on Aug 27, 2003 with a ratio of 105:100. This was a forward split: Each share became 1.05 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1987 7,187,000 0%
1988 8,323,000 +15.81%
1989 8,540,000 +2.61%
1990 8,279,000 -3.06%
1991 8,567,000 +3.48%
1992 9,071,000 +5.88%
1993 8,916,000 -1.71%
1994 8,973,000 +0.64%
1995 9,132,000 +1.77%
1996 11,259,000 +23.29%
1997 11,590,000 +2.94%
1998 11,590,000 0%
1999 12,681,000 +9.41%
2000 13,433,700 +5.94%
2001 14,047,900 +4.57%
2002 17,473,000 +24.38%
2003 18,743,000 +7.27%
2004 18,763,000 +0.11%
2005 18,315,000 -2.39%
2006 18,502,000 +1.02%
2007 18,058,000 -2.4%
2008 21,023,000 +16.42%
2009 25,496,000 +21.28%
2010 25,554,000 +0.23%
2011 26,367,000 +3.18%
2012 28,930,000 +9.72%
2013 32,959,000 +13.93%
2014 37,323,000 +13.24%
2015 38,316,000 +2.66%
2016 41,124,000 +7.33%
2017 49,761,000 +21%
2018 49,511,000 -0.5%
2019 55,520,000 +12.14%
2020 54,379,500 -2.05%
2021 53,660,000 -1.32%
2022 59,384,000 +10.67%
2023 59,556,000 +0.29%
2024 58,247,000 -2.2%
2025 57,442,000 -1.38%
2026 61,008,000 +6.21%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-01 03:22 UTC