First Merchants (FRME) Passes Through 4% Yield Mark

First Merchants Corp (FRME) was yielding above 4.0% based on a quarterly dividend annualized to $1.44. The stock traded as low as $35.71 on Monday. This is a neutral, income-focused data point that may be of interest to yield-seeking investors but contains no substantive new fundamental or guidance information.

Analysis

First Merchants Corp (FRME) was yielding above 4.0% based on a quarterly dividend annualized to $1.44. The stock traded as low as $35.71 on Monday. This is a neutral, income-focused data point that may be of interest to yield-seeking investors but contains no substantive new fundamental or guidance information.