First Merchants' Preferred Stock Series A Crosses Above 7.5% Yield Territory
14/5 21:16
In trading on Thursday, shares of First Merchants Corp's 7.50% Dep Shares Non-Cumulative Preferred Stock Series A (Symbol: FRMEP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.8752), with shares changing hands as low as $24.73 on the day....