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Stock impact report

Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.31 Per Share and Declares Preferred Stock Dividend [Yahoo! Finance]

Midland States Bancorp, Inc. (MSBI) 
Last midland states bancorp, inc. earnings: 4/23 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.midlandsb.com
Company Research Source: Yahoo! Finance
a quarterly cash dividend of $0.31 per share of its common stock, an increase of 3.3% from the previous quarterly cash dividend of $0.30 per share. The dividend is payable on February 23, 2024 to all shareholders of record as of the close of business on February 16, 2024. The Board of Directors also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on April 1, 2024 to stockholders of record as of March 15, 2024. Jeffrey G. Ludwig, President and Chief Executive Officer of the Company, said, “This dividend declaration represents the 24 th consecutive year that Midland States Bancorp has increased its quarterly cash dividend. We are pleased that our financial performance and prudent balance sheet management enables us to continuing increasing the amount of capital that we return to shareholders through our quarterly dividend while also retaining a sufficient amount of Show less Read more
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