First Merchants Co. (NASDAQ:FRMEP – Get 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
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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