Midland States Bancorp, Inc. (NASDAQ:MSBIP) Shareholders Set to Receive $0.48 Quarterly Dividend

Midland States Bancorp, Inc. (NASDAQ:MSBIP) declared a quarterly dividend on Monday, November 2nd. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.4844 per share on Wednesday, December 30th. This represents a $1.94 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Tuesday, December 15th.

Midland States Bancorp Stock Down 1.0%

Shares of MSBIP opened at $25.02 on Wednesday. Midland States Bancorp has a 52-week low of $23.64 and a 52-week high of $27.07. The firm’s fifty day moving average is $25.31 and its two-hundred day moving average is $25.26.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc is a financial services holding company headquartered in Effingham, Illinois. Through its principal subsidiary, Midland States Bank, the company provides banking, wealth management and specialty finance services to individuals, families, businesses and institutions.

Midland States Bank offers deposit accounts, residential and commercial real estate lending, agricultural and consumer loans, business financing, treasury management and other banking services. Its wealth management activities include trust, investment advisory and related financial planning services, while its specialty finance operations include equipment financing and leasing.

Founded in 1881, Midland States Bancorp serves communities primarily across the Midwest, with banking operations centered in Illinois and extending into neighboring states.