Midland States Bancorp (MSBI) Raises Quarterly Dividend 3.2% to $0.32; 7.7% Yield

Midland States Bancorp (NASDAQ: MSBI) declared a quarterly dividend of $0.32 per share, or $1.28 annualized. This is a 3.2% increase from the prior dividend of $0.31.

The dividend will be payable on August 22, 2025, to stockholders of record on August 15, 2025, with an ex-dividend date of August 14, 2025.

The annual yield on the dividend is 7.7 percent.

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 September 30, 2025 to stockholders of record as of September 15, 2025.

Jeffrey G. Ludwig, President and Chief Executive Officer of the Company, said, “This dividend declaration represents the 25th consecutive year that Midland States Bancorp has increased its quarterly cash dividend. The bank’s capital ratios remain at strong levels, while earnings and asset quality improved significantly in the second quarter and should remain on a positive trajectory moving forward. Increasing our quarterly dividend is an important part of our capital return to shareholders, but notably we continue to retain a sufficient amount of capital to increase our ratios and support further growth of Midland’s community banking franchise.”

For a dividend history and other dividend-related data on Midland States Bancorp (MSBI) click here.

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