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

Midland States Bancorp, Inc. (NASDAQ:MSBIP) announced a quarterly dividend on Monday, November 11th,Wall Street Journal reports. Investors of record on Monday, December 16th will be given a dividend of 0.4844 per share on Monday, December 30th. This represents a $1.94 dividend on an annualized basis and a yield of 7.75%. The ex-dividend date is Monday, December 16th.

Midland States Bancorp Stock Down 0.4 %

NASDAQ:MSBIP opened at $25.01 on Tuesday. The firm’s 50 day moving average is $25.11 and its two-hundred day moving average is $25.01. Midland States Bancorp has a fifty-two week low of $23.00 and a fifty-two week high of $26.55.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.