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

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

Midland States Bancorp Stock Performance

Midland States Bancorp stock opened at $25.29 on Wednesday. Midland States Bancorp has a 1 year low of $22.03 and a 1 year high of $25.94. The firm’s 50 day moving average price is $25.12 and its two-hundred day moving average price is $24.86.

About Midland States Bancorp

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.