Does First Merchants Corporation (FRME) Pay a Dividend? (2026)
Last updated July 2026
Short answer
First Merchants Corporation (FRME) pays a dividend with an approximate yield of ~3.5% as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does First Merchants Corporation (FRME) pay a dividend?
Yes. First Merchants Corporation distributes an approximate ~3.5% yield (early 2026), usually quarterly. As of July 2026, FRME trades around $42 per share with a market cap near $2.6 billion and a trailing P/E of roughly 12 times, a modest multiple typical of a Midwest regional bank. First-quarter 2026 reported net income fell to about $28 million (diluted EPS near $0.45) because of a mortgage-loan reclassification loss and First Savings integration costs, but adjusted EPS was about $1.03 as core lending and fee income grew. The roughly 3.5 percent dividend yield is well above the broad market.
FRME dividend at a glance
| 2026-06-05 | $0.37 |
| 2026-03-06 | $0.36 |
| 2025-12-05 | $0.36 |
| 2025-09-05 | $0.36 |
| 2025-06-06 | $0.36 |
| 2025-03-07 | $0.35 |
FRME dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with FRME's investor relations page before relying on it.
How to think about FRME's dividend
- Yield is a snapshot: ~3.5% today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like FRME.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the FRME dividend
First Merchants Corporation (FRME) pays an approximate ~3.5% dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the FRME guide. Walnut can show how FRME fits your real portfolio. It is not an investment adviser.
Build a basket around FRME with Walnut
Use First Merchants Corporation as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does First Merchants Corporation (FRME) pay a dividend?
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First Merchants Corporation has an approximate dividend yield of ~3.5% (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or FRME's investor relations page.
What is FRME's dividend yield?
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Approximately ~3.5% as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does FRME pay its dividend?
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US companies that pay dividends, like First Merchants Corporation if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on FRME's investor relations page before relying on the timing.
Can I reinvest FRME dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any FRME dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is FRME a good dividend stock?
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Walnut is informational, not investment advice. With an approximate ~3.5% yield, FRME is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does FRME pay a dividend?
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Yes. First Merchants pays a quarterly cash dividend, raised to about $0.37 per share in 2026, for a yield generally around 3.5 percent, above the broad market. The payout is roughly half of earnings. Walnut is not an investment adviser, so weigh your own goals.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with FRME's investor relations page or your broker.