DividendAug 4, 2026, 04:14 PM
Midland States Bancorp Increases Common Stock Dividend to $0.33
AI Summary
Midland States Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.33 per share for its common stock, marking a 3.1% increase from the prior dividend. This dividend is payable on August 21, 2026, to shareholders of record as of August 14, 2026. Additionally, the Board declared a cash dividend of $0.4844 per depository share for its Series A Preferred Stock, payable on September 30, 2026, to stockholders of record as of September 15, 2026. The company highlighted this as the 26th consecutive year of increasing its common stock dividend, reflecting strengthened earnings and capital position.
Key Highlights
- Midland States Bancorp declared a quarterly cash dividend of $0.33 per common share.
- This represents a 3.1% increase from the previous quarterly dividend of $0.32 per share.
- The common stock dividend is payable on August 21, 2026, to shareholders of record as of August 14, 2026.
- A cash dividend of $0.4844 per depository share was declared for 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.
- The preferred stock dividend is payable on September 30, 2026, to stockholders of record as of September 15, 2026.
- This marks the 26th consecutive year Midland States Bancorp has increased its quarterly cash dividend.
Price Impact
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