Midland States Bancorp (NASDAQ:MSBIP) Stock Price Up 0.6% – Here’s What Happened

Midland States Bancorp, Inc. (NASDAQ:MSBIP)’s share price traded up 0.6% during mid-day trading on Wednesday . The company traded as high as $24.54 and last traded at $24.65. 5,297 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 13,043 shares. The stock had previously closed at $24.50.

Midland States Bancorp Price Performance

The company’s 50 day moving average is $23.94 and its 200 day moving average is $23.63.

Midland States Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date is Monday, September 15th.

Midland States Bancorp Company Profile

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 provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.