Cash Dividend On The Way From First Merchants (FRME)

Looking at the universe of stocks we cover at Dividend Channel, on 9/3/14, First Merchants Corp. (FRME) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 9/19/14. As a percentage of FRME's recent stock price of $20.54, this dividend works out to approximately 0.39%.

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Below is a dividend history chart for FRME, showing historical dividends prior to the most recent $0.08 declared by First Merchants Corp.:

FRME+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRME is likely to continue, and whether the current estimated yield of 1.56% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of FRME shares, versus its 200 day moving average:

First Merchants Corp. 200 Day Moving Average Chart

Looking at the chart above, FRME's low point in its 52 week range is $16.67 per share, with $23.35 as the 52 week high point — that compares with a last trade of $20.54.

In Tuesday trading, First Merchants Corp. shares are currently up about 0.6% on the day.

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