AKRON, Ohio, Aug. 20, 2015 /PRNewswire/ -- FirstMerit Corporation (Nasdaq: FMER) today announced that its Board of Directors has declared an increase in the Company's quarterly dividend of 6.25% and has declared a quarterly cash dividend of $0.17 per share on the Company's common stock, payable September 21, 2015, to shareholders of record on August 31, 2015.
"FirstMerit has returned capital to shareholders through cash dividends every quarter since the company went public in December of 1981 and we are pleased to increase that return this quarter," said Paul G. Greig, chairman, president and CEO of FirstMerit.
About FirstMerit FirstMerit Corporation is a diversified financial services company headquartered in Akron, Ohio, with assets of approximately $25.3 billion as of June 30, 2015, and 367 banking offices and 399 ATM locations in Ohio, Michigan, Wisconsin, Illinois and Pennsylvania. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal affiliates include: FirstMerit Bank, N.A. and FirstMerit Mortgage Corporation. For more information, visit us at firstmerit.com.
FirstMerit Corporation Analysts: Thomas O'Malley/Investor Relations Officer Phone: 330.384.7109 Media Contact: Robert Townsend/Media Relations Officer Phone: 330.384.7075
SOURCE FirstMerit Corporation