First Merchants Co. (NASDAQ:FRMEP – Get Free Report) traded up 0.6% on Monday . The stock traded as high as $24.57 and last traded at $24.55. 1,463 shares were traded during mid-day trading, a decline of 24% from the average session volume of 1,927 shares. The stock had previously closed at $24.40.
First Merchants Price Performance
The company’s 50 day moving average is $24.43 and its two-hundred day moving average is $24.59.
First Merchants Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be paid a $0.4688 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.64%. The ex-dividend date of this dividend is Friday, July 28th.
First Merchants Company Profile
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services.
See Also
- Five stocks we like better than First Merchants
- How to Invest in Pharmaceutical Companies
- 3 Sizzling Dividends That Are Going On Sale
- 5 Top Rated Dividend Stocks to Consider
- 3 Ways To Trade, Trade Desk Stock Post Earnings
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Inflation, The Fed, and Oil Prices: Interest Rates Are Going Up
Receive News & Ratings for First Merchants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Merchants and related companies with MarketBeat.com's FREE daily email newsletter.
