First Merchants（纳斯达克股票代码：FRMEP）股价上涨1％

First Merchants Co. (NASDAQ:FRMEP – Get Rating)'s stock price rose 1% during mid-day trading on Wednesday . The stock traded as high as $26.00 and last traded at $26.00. Approximately 404 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 1,138 shares. The stock had previously closed at $25.74.

First Merchants Price Performance

The company's 50-day simple moving average is $25.67 and its 200-day simple moving average is $25.74.

First Merchants Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Tuesday, January 31st were given a $0.4688 dividend. This represents a $1.88 annualized dividend and a yield of 7.21%. The ex-dividend date was Monday, January 30th.

About First Merchants

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First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services.

Further Reading

• Get a free copy of the StockNews.com research report on First Merchants (FRMEP)
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