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

Midland States Bancorp, Inc. (NASDAQ:MSBIP) declared a quarterly dividend on Thursday, May 9th, Wall Street Journal reports. Investors of record on Monday, June 17th will be given a dividend of 0.4844 per share on Monday, July 1st. This represents a $1.94 annualized dividend and a yield of 7.73%. The ex-dividend date is Monday, June 17th.

Midland States Bancorp Stock Down 0.1 %

Midland States Bancorp stock traded down $0.03 during midday trading on Thursday, hitting $25.05. 1,215 shares of the stock were exchanged, compared to its average volume of 4,144. The company has a fifty day simple moving average of $25.09 and a two-hundred day simple moving average of $24.50. Midland States Bancorp has a 52 week low of $19.32 and a 52 week high of $26.55.

About Midland States Bancorp

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.