Midland States Bancorp (NASDAQ:MSBIP) Trading Down 0.2% – Here’s What Happened

Shares of Midland States Bancorp, Inc. (NASDAQ:MSBIP) traded down 0.2% during trading on Monday . The company traded as low as $25.45 and last traded at $25.3450. Approximately 779 shares were traded during trading, a decline of 83% from the average daily volume of 4,469 shares. The stock had previously closed at $25.40.

Midland States Bancorp Stock Down 0.2%

The stock’s 50 day moving average is $25.32 and its two-hundred day moving average is $25.25.

Midland States Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.4844 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.7%.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc is a financial holding company headquartered in Effingham, Illinois, serving as the parent organization of Midland States Bank. The company provides a full suite of banking and financial services to commercial, consumer and institutional clients. Key offerings include traditional commercial lending, treasury management, deposit products and consumer banking solutions tailored to the needs of small businesses, middle-market companies and individual customers.

In addition to core commercial and retail banking, Midland States Bancorp maintains a significant mortgage banking platform that originates and services both residential and commercial loans.