Midland States Bancorp Declares $0.4844 Quarterly Dividend on Series A Preferred Shares
Midland States Bancorp, Inc. has announced a quarterly dividend of $0.4844 per share for its 7.75% Depository Shares, Series A Perpetual Preferred Stock (MSBIP). The distribution represents a forward yield of approximately 7.66%. The dividend is scheduled to be paid on December 30, with the ex-dividend date and the record date both set for December 15. This announcement comes amidst broader discussions regarding Midland States Bancorp's improving asset quality and its position within the regional banking sector.
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