Midland States Bancorp, Inc. (NASDAQ:MSBIP – Get Free Report) shares rose 0.2% on Monday . The stock traded as high as $25.45 and last traded at $25.4590. Approximately 520 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 4,057 shares. The stock had previously closed at $25.40.
Midland States Bancorp Stock Up 0.1%
The firm has a 50 day simple moving average of $25.26 and a 200 day simple moving average of $25.13.
Midland States Bancorp Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.4844 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.94 annualized dividend and a yield of 7.6%.
Midland States Bancorp Company Profile
Midland States Bancorp, Inc is a financial holding company headquartered in Effingham, Illinois, serving as the parent organization of Midland States Bank. The company provides a full suite of banking and financial services to commercial, consumer and institutional clients. Key offerings include traditional commercial lending, treasury management, deposit products and consumer banking solutions tailored to the needs of small businesses, middle-market companies and individual customers.
In addition to core commercial and retail banking, Midland States Bancorp maintains a significant mortgage banking platform that originates and services both residential and commercial loans.
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