DividendMay 5, 2026, 04:33 PM
Midland States Bancorp Declares $0.32 Common Stock Dividend
AI Summary
Midland States Bancorp, Inc. announced the declaration of a quarterly cash dividend of $0.32 per share for its common stock, payable on May 22, 2026. The company also declared a cash dividend of $0.4844 per depository share for its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 30, 2026. As of March 31, 2026, Midland States Bancorp reported total assets of approximately $6.55 billion and wealth management assets under administration of about $4.47 billion.
Key Highlights
- Midland States Bancorp declared a quarterly cash dividend of $0.32 per share for common stock.
- A cash dividend of $0.4844 per depository share was declared for Series A Preferred Stock.
- Common stock dividend is payable on May 22, 2026, to shareholders of record on May 15, 2026.
- Preferred stock dividend is payable on June 30, 2026, to stockholders of record on June 15, 2026.
- Total assets as of March 31, 2026, were approximately $6.55 billion.
- Wealth Management Group had assets under administration of approximately $4.47 billion.
Price Impact
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