Midland States Bancorp's Preferred Series A Ex-Dividend Reminder - 3/16/26

nasdaq
2026.03.12 17:45
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On 3/16/26, Midland States Bancorp Inc's Reset Rate Non-Cumul Preferred Series A (MSBIP) will trade ex-dividend for a quarterly dividend of $0.4844, payable on 3/30/26. This dividend represents approximately 1.90% of MSBIP's recent share price of $25.43, indicating shares may open 1.90% lower on the ex-dividend date. The annualized yield is about 7.65%, higher than the average yield of 6.54% in the Financial preferred stock category. Currently, MSBIP shares are up 0.4%, while common shares (MSBI) are down 1.2%.