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

Midland States Bancorp, Inc. (NASDAQ:MSBIP) declared a quarterly dividend on Tuesday, February 3rd. Investors of record on Monday, March 16th will be given a dividend of 0.4844 per share on Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Monday, March 16th.

Midland States Bancorp Stock Performance

Shares of NASDAQ:MSBIP traded down $0.16 during midday trading on Wednesday, reaching $25.30. 4,095 shares of the company traded hands, compared to its average volume of 4,264. The firm’s fifty day moving average price is $24.95 and its two-hundred day moving average price is $24.36. Midland States Bancorp has a 12 month low of $22.03 and a 12 month high of $25.60.

Midland States Bancorp Company Profile

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.