Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when FRME files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsFirst Merchants declares quarterly preferred dividend of $0.4688 per depositary share
Filed July 13, 2026 · Period ending July 13, 2026 · ~1 min read
Key Changes
-
low
Board declared quarterly cash dividend of $46.88/share on 7.50% Series A preferred stock ($0.4688 per depositary share), payable August 14, 2026 to July 30 holders of record.
Item 8.01 — Other Events verify on EDGAR →
Summary
First Merchants announced a routine quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. The dividend of $46.88 per preferred share translates to $0.4688 per depositary share (each depositary share represents 1/100th of a preferred share). The payment will be made August 14, 2026 to shareholders of record as of July 30, 2026.
This is a scheduled distribution consistent with the 7.50% annual rate on the preferred stock. The declaration has no impact on common shareholders and represents normal execution of the preferred stock's dividend terms.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jul 15, 2026 · How we verify