First Merchants Corporation Announces Quarterly Cash Dividend
MUNCIE, Ind.--(BUSINESS WIRE)--
At its regularly scheduled meeting held on April 29, 2008, the Board of Directors of First Merchants Corporation (Nasdaq: FRME) declared a quarterly cash dividend of $0.23 per share on its common stock.
The cash dividend is payable June 20, 2008, to stockholders of record June 6, 2008. For purposes of broker trading, the ex-date of the cash dividend is June 4, 2008.
About First Merchants Corporation
First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. Subsidiaries of the Corporation include First Merchants Bank, N.A., First Merchants Bank of Central Indiana, N.A., Lafayette Bank & Trust Company, N.A., Commerce National Bank and First Merchants Trust Company, N.A. The Corporation also operates First Merchants Insurance Services, a full-service property casualty, personal lines, and healthcare insurance agency and is a majority member of Indiana Title Insurance Company, LLC, a title insurance agency.
First Merchants Corporation's common stock is traded over-the-counter on the NASDAQ National Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company's Internet web page (http://www.firstmerchants.com).
Source: First Merchants Corporation
Contact: First Merchants Corporation Mark K. Hardwick, 765-751-1857 Executive Vice President/Chief Financial Officer http://www.firstmerchants.com