Midland States Bancorp, Inc. (NASDAQ:MSBI) announced a quarterly dividend on Thursday, November 9th, Wall Street Journal reports. Investors of record on Friday, November 17th will be paid a dividend of 0.20 per share by the financial services provider on Friday, November 24th. This represents a $0.80 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend is Thursday, November 16th.

Midland States Bancorp (NASDAQ:MSBI) traded up $0.24 during midday trading on Wednesday, hitting $31.01. The stock had a trading volume of 29,200 shares, compared to its average volume of 69,443. The stock has a market cap of $587.67, a PE ratio of 13.44, a PEG ratio of 2.58 and a beta of 2.30. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 1.32. Midland States Bancorp has a fifty-two week low of $27.80 and a fifty-two week high of $37.58.

Midland States Bancorp (NASDAQ:MSBI) last posted its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.09). The company had revenue of $52.17 million during the quarter, compared to analyst estimates of $55.20 million. Midland States Bancorp had a net margin of 11.90% and a return on equity of 10.22%. analysts expect that Midland States Bancorp will post 1.71 EPS for the current fiscal year.

In other news, Director John M. Schultz sold 2,000 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $31.76, for a total value of $63,520.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 6,000 shares of company stock worth $189,320. Company insiders own 14.90% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Midland States Bancorp, Inc. (MSBI) to Issue Quarterly Dividend of $0.20 on November 24th” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://www.watchlistnews.com/midland-states-bancorp-inc-msbi-to-issue-quarterly-dividend-of-0-20-on-november-24th/1704696.html.

A number of equities research analysts have issued reports on the company. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $42.00 price target on shares of Midland States Bancorp in a research report on Thursday, October 19th. Zacks Investment Research downgraded Midland States Bancorp from a “hold” rating to a “sell” rating in a report on Friday, October 20th.

About Midland States Bancorp

Dividend History for Midland States Bancorp (NASDAQ:MSBI)

Receive News & Ratings for Midland States Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Midland States Bancorp Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.