First Merchants Corporation Announces Quarterly Cash Dividend
MUNCIE, Ind.--(BUSINESS WIRE)--
At its regularly scheduled meeting held on January 23, 2007, 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 March 20, 2007, to stockholders of record March 6, 2007. For purposes of broker trading, the ex-date of the cash dividend is March 2, 2007.
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., Madison Community Bank, N.A., United Communities National Bank, First National Bank, Decatur Bank & Trust Company, N.A., Frances Slocum Bank, 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