Midland States Bancorp, Inc. Announces Quarterly Dividend of $0.48 (NASDAQ:MSBIP)

Midland States Bancorp, Inc. (NASDAQ:MSBIP) declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.4844 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Monday, June 15th.

Midland States Bancorp Stock Performance

MSBIP stock opened at $25.29 on Wednesday. Midland States Bancorp has a 52-week low of $22.03 and a 52-week high of $25.94. The stock’s fifty day simple moving average is $25.12 and its 200-day simple moving average is $24.86.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc is a financial holding company headquartered in Effingham, Illinois, serving as the parent organization of Midland States Bank. The company provides a full suite of banking and financial services to commercial, consumer and institutional clients. Key offerings include traditional commercial lending, treasury management, deposit products and consumer banking solutions tailored to the needs of small businesses, middle-market companies and individual customers.

In addition to core commercial and retail banking, Midland States Bancorp maintains a significant mortgage banking platform that originates and services both residential and commercial loans.