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

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

Midland States Bancorp Trading Up 0.4%

Shares of NASDAQ:MSBIP opened at $25.29 on Wednesday. The stock has a 50-day simple moving average of $25.12 and a 200-day simple moving average of $24.86. Midland States Bancorp has a 1 year low of $22.03 and a 1 year high of $25.94.

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.