First Merchants (NASDAQ:FRMEP) Shares Down 0.2% – Should You Sell?

First Merchants Co. (NASDAQ:FRMEPGet Free Report)’s stock price was down 0.2% during trading on Thursday . The stock traded as low as $25.44 and last traded at $25.44. 422 shares traded hands during trading, a decline of 69% from the average session volume of 1,350 shares. The stock had previously closed at $25.49.

First Merchants Trading Down 0.2%

The business’s 50-day moving average price is $25.34 and its 200 day moving average price is $25.38.

First Merchants Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were given a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a yield of 7.37%. The ex-dividend date was Wednesday, April 30th.

First Merchants Company Profile

(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.

Further Reading

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