First Merchants Declares $46.88 Preferred Stock Dividend

First Merchants Corporation announced that its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. The dividend amounts to $46.88 per share, which is equivalent to $0.4688 per depositary share. This dividend is scheduled to be paid on August 14, 2026, to stockholders of record as of July 30, 2026.