Shares of Midland States Bancorp, Inc. (NASDAQ:MSBIP – Get Free Report) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $25.26 and traded as low as $24.93. Midland States Bancorp shares last traded at $25.10, with a volume of 3,982 shares trading hands.
Midland States Bancorp Price Performance
The company’s 50-day moving average is $25.32 and its 200 day moving average is $25.26.
Midland States Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.4844 per share. This represents a $1.94 annualized dividend and a yield of 7.7%. The ex-dividend date was Tuesday, September 15th.
About Midland States Bancorp
Midland States Bancorp, Inc is a financial services holding company headquartered in Effingham, Illinois. Through its principal subsidiary, Midland States Bank, the company provides banking, wealth management and specialty finance services to individuals, families, businesses and institutions.
Midland States Bank offers deposit accounts, residential and commercial real estate lending, agricultural and consumer loans, business financing, treasury management and other banking services. Its wealth management activities include trust, investment advisory and related financial planning services, while its specialty finance operations include equipment financing and leasing.
Founded in 1881, Midland States Bancorp serves communities primarily across the Midwest, with banking operations centered in Illinois and extending into neighboring states.
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