Midland States Bancorp, Inc. (NASDAQ:MSBIP – Get Rating) declared a quarterly dividend on Thursday, February 9th, Wall Street Journal reports. Stockholders of record on Wednesday, March 15th will be given a dividend of 0.4844 per share on Thursday, March 30th. This represents a $1.94 annualized dividend and a dividend yield of 7.42%. The ex-dividend date is Tuesday, March 14th.
Midland States Bancorp Stock Up 0.6 %
MSBIP stock opened at $26.12 on Friday. The stock's 50-day moving average price is $25.76. Midland States Bancorp has a fifty-two week low of $24.45 and a fifty-two week high of $26.75.
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Insider Transactions at Midland States Bancorp
In related news, SVP Douglas J. Tucker purchased 2,000 shares of Midland States Bancorp stock in a transaction that occurred on Monday, November 28th. The stock was purchased at an average cost of $25.45 per share, with a total value of $50,900.00. Following the completion of the transaction, the senior vice president now owns 2,000 shares of the company's stock, valued at approximately $50,900. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, SVP Douglas J. Tucker purchased 2,000 shares of Midland States Bancorp stock in a transaction that occurred on Monday, November 28th. The stock was purchased at an average cost of $25.45 per share, with a total value of $50,900.00. Following the completion of the transaction, the senior vice president now owns 2,000 shares of the company's stock, valued at approximately $50,900. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Jeffrey S. Mefford sold 1,600 shares of the firm's stock in a transaction that occurred on Tuesday, January 31st. The shares were sold at an average price of $25.23, for a total value of $40,368.00. Following the completion of the sale, the president now directly owns 30,822 shares of the company's stock, valued at $777,639.06. The disclosure for this sale can be found here. Insiders bought 2,827 shares of company stock valued at $72,313 over the last three months.
Midland States Bancorp Company Profile
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Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposits.
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