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

Midland States Bancorp, Inc. (NASDAQ:MSBIP) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.4844 per share on Monday, March 31st. This represents a $1.94 annualized dividend and a dividend yield of 7.93%. The ex-dividend date is Monday, March 17th.

Midland States Bancorp Trading Up 0.4 %

NASDAQ MSBIP traded up $0.10 during trading on Wednesday, hitting $24.42. The stock had a trading volume of 23,863 shares, compared to its average volume of 21,491. The company’s 50-day moving average price is $24.97 and its two-hundred day moving average price is $25.03. Midland States Bancorp has a 12 month low of $23.41 and a 12 month high of $25.77.

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.