First Merchants (NASDAQ:FRMEP) Trading Down 0%

First Merchants Co. (NASDAQ:FRMEPGet Free Report)’s stock price was down 0% on Thursday . The stock traded as low as $25.06 and last traded at $25.14. Approximately 459 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 1,333 shares. The stock had previously closed at $25.15.

First Merchants Price Performance

The firm’s fifty day moving average is $25.18 and its two-hundred day moving average is $25.28.

First Merchants Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Tuesday, July 30th will be issued a $0.4688 dividend. This represents a $1.88 annualized dividend and a yield of 7.46%. The ex-dividend date is Tuesday, July 30th.

About First Merchants

(Get Free Report)

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans.

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