First Merchants' Preferred Stock Series A Shares Cross 7.5% Yield Mark
In trading on Friday, 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 $25.00 on the day. T
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