Midland States Bancorp (NASDAQ:MSBIP) Trading 0.9% Higher

Midland States Bancorp, Inc. (NASDAQ:MSBIP)’s share price shot up 0.9% during trading on Thursday . The company traded as high as $25.35 and last traded at $25.31. 5,161 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 4,530 shares. The stock had previously closed at $25.08.

Midland States Bancorp Price Performance

The business has a 50 day moving average price of $24.92 and a 200 day moving average price of $24.98.

Midland States Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.4844 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.74%.

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.