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Richard Dean Bingham Acquires 5,200 Shares of Midland States Bancorp, Inc. (NASDAQ:MSBIP) Stock

Defense World ·  May 4, 2023 05:43

Midland States Bancorp, Inc. (NASDAQ:MSBIP – Get Rating) Director Richard Dean Bingham bought 5,200 shares of the company's stock in a transaction that occurred on Tuesday, May 2nd. The stock was purchased at an average price of $19.15 per share, with a total value of $99,580.00. Following the transaction, the director now directly owns 22,700 shares in the company, valued at $434,705. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Midland States Bancorp Stock Performance

NASDAQ:MSBIP opened at $20.81 on Thursday. The business has a 50 day moving average of $23.15 and a 200 day moving average of $24.82. Midland States Bancorp, Inc. has a 1-year low of $18.57 and a 1-year high of $27.10.

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Midland States Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 30th. Shareholders of record on Wednesday, March 15th were paid a $0.4844 dividend. The ex-dividend date of this dividend was Tuesday, March 14th. This represents a $1.94 dividend on an annualized basis and a yield of 9.31%.

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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