First Merchants Corporation (NASDAQ: FRME) announced a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. This dividend will be payable on November 15, 2025 to shareholders of record as of November 1, 2025. The stock closed at $63.20 on October 15, 2025. Investors holding this preferred stock will receive a total annualized dividend of $1.875 per share. This announcement reflects the company’s commitment to providing value to its shareholders through consistent dividends.

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