First Merchants Corporation Announces Cash Dividend
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First Merchants Corporation has announced a cash dividend of $0.35 per share, payable on December 20, 2024, to shareholders of record as of December 6, 2024. The ex-dividend date is December 5, 2024.
November 13, 2024 | 1:15 pm
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First Merchants Corporation declared a cash dividend of $0.35 per share, payable on December 20, 2024. The ex-dividend date is December 5, 2024.
The announcement of a cash dividend is generally seen as a positive signal, indicating the company's profitability and willingness to return capital to shareholders. This can lead to a short-term increase in stock price as investors may buy shares to receive the dividend.
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