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

Midland States Bancorp, Inc. (NASDAQ:MSBIP) declared a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.4844 per share on Monday, December 30th. This represents a $1.94 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend is Monday, December 16th.

Midland States Bancorp Stock Performance

Shares of NASDAQ MSBIP opened at $25.10 on Friday. The company’s fifty day moving average is $25.12 and its two-hundred day moving average is $25.02. Midland States Bancorp has a one year low of $23.84 and a one year 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.