Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock Dividends
May 07 2024 - 4:15PM
Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that
its Board of Directors declared a quarterly cash dividend of $0.31
per share of its common stock. The dividend is payable on May 24,
2024 to all shareholders of record as of the close of business on
May 17, 2024.
The Board of Directors also declared a cash
dividend of $0.4844 per depository share on its 7.75% Fixed-Rate
Reset Non-Cumulative Perpetual Preferred Stock, Series A. The
dividend will be payable on July 1, 2024 to stockholders of record
as of June 17, 2024.
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 March 31, 2024, the
Company had total assets of approximately $7.83 billion, and its
Wealth Management Group had assets under administration of
approximately $3.89 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
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