MUNCIE, Ind.--(BUSINESS WIRE)--First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 2, 2016 of $0.14 per share, a 21% increase over the prior quarter. The dividend is payable on June 17, 2016 to shareholders of record on June 3, 2016. For purposes of broker trading, the ex-date of the cash dividend is June 1, 2016.
About First Merchants Corporation:
First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation is comprised of First Merchants Bank, which also operates as Lafayette Bank & Trust and First Merchants Private Wealth Advisors as divisions of First Merchants Bank.
First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).
FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.