Midland States Bancorp, Inc. Increases Quarterly Common Stock Cash Dividend to $0.30 Per Share and Announces Preferred Stock Dividend
07 Fevereiro 2023 - 6:10PM
Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that
its Board of Directors declared a quarterly cash dividend of $0.30
per share of its common stock, an increase of 3.4% from the
previous quarterly cash dividend of $0.29 per share. The dividend
is payable on February 24, 2023 to all shareholders of record as of
the close of business on February 17, 2023.
The Board of Directors also declared a cash
dividend of $0.4844 per depository share on its 7.750% Fixed-Rate
Reset Non-Cumulative Perpetual Preferred Stock, Series A. The
dividend will be payable on March 30, 2023 to stockholders of
record as of March 15, 2023.
Jeffrey G. Ludwig, President and Chief Executive
Officer of the Company, said, “This dividend declaration represents
the 23rd consecutive year that Midland States Bancorp has increased
its quarterly cash dividend. We are pleased that our financial
performance enables us to increase the amount of capital that we
return to shareholders through our quarterly dividend while also
retaining a sufficient amount of capital to increase our capital
ratios to better support the continued growth of our
franchise.”
About Midland States Bancorp, Inc.
Midland States Bancorp, Inc. is a
community-based financial holding company headquartered in
Effingham, Illinois, and is the sole shareholder of Midland States
Bank. As of December 31, 2022, the Company had total assets of
approximately $7.86 billion, and its Wealth Management Group had
assets under administration of approximately $3.60 billion. The
Company provides a full range of commercial and consumer banking
products and services and business equipment financing, merchant
credit card services, trust and investment management, insurance
and financial planning services. For additional information, visit
https://www.midlandsb.com/ or
https://www.linkedin.com/company/midland-states-bank.
CONTACTS:Douglas J. Tucker, Sr. V.P., Corporate
Counsel, at dtucker@midlandsb.com or (217) 342-7321
Midland States Bancorp (NASDAQ:MSBI)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Midland States Bancorp (NASDAQ:MSBI)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024