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

Midland States Bancorp, Inc. (NASDAQ:MSBIP) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Investors of record on Monday, March 17th will be paid a dividend of 0.4844 per share on Monday, March 31st. This represents a $1.94 annualized dividend and a yield of 7.92%. The ex-dividend date is Monday, March 17th.

Midland States Bancorp Trading Up 0.6 %

Shares of MSBIP opened at $24.46 on Thursday. Midland States Bancorp has a one year low of $23.41 and a one year high of $25.77. The company’s fifty day moving average price is $24.96 and its 200 day moving average price is $25.02.

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.