<div id="readability-page-1"> <time datetime="2024-07-15T19:00:00.000Z"> 07/15/2024 - 03:00 PM </time> MUNCIE, Ind., July 15, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 15, 2024, to stockholders of record on July 30, 2024. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Depositary shares representing a 1/100th interest in a share of First Merchants Corporation’s 7.50% Non-Cumulative Perpetual Preferred Stock, Series A are traded on the NASDAQ Global Select Market System under the symbol FRMEP. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com). FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation. For more information, contact: Nicole M. Weaver, Vice President and Director of Corporate Administration 765-521-7619 http://www.firstmerchants.com SOURCE: First Merchants Corporation (NASDAQ: FRME), Muncie, Indiana <img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RFM056TTFNQ00yTXpZMU1qazRJekl3T0RZek5Eaz0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RFM056TTFNQ00yTXpZMU1qazRJekl3T0RZek5Eaz0"/> <img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/NmYyZWM3NTMtYmMyYS00MzgxLTliZTktNzlhN2NjODdlZmI1LTEwOTc5MjA=/tiny/First-Merchants-Corporation.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/NmYyZWM3NTMtYmMyYS00MzgxLTliZTktNzlhN2NjODdlZmI1LTEwOTc5MjA=/tiny/First-Merchants-Corporation.png"/> </div>

FRME

First Merchants Corporation has announced a cash dividend on its preferred stock. The dividend of $46.88 per share will be payable on August 15, 2024.

First Merchants Corporation Announces Cash Dividend on Its Preferred Stock | FRME Stock News