First Merchants (NASDAQ:FRMEP) Stock Price Down 0.6% – What’s Next?

First Merchants Co. (NASDAQ:FRMEPGet Free Report) fell 0.6% on Friday . The company traded as low as $25.36 and last traded at $25.49. 17 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 1,470 shares. The stock had previously closed at $25.64.

First Merchants Stock Down 0.6 %

The stock has a fifty day moving average of $25.37 and a two-hundred day moving average of $25.48.

First Merchants Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Saturday, February 15th. Stockholders of record on Friday, January 31st were paid a $0.4688 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.88 annualized dividend and a dividend yield of 7.36%.

About First Merchants

(Get Free Report)

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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