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FMBI First Midwest Bancorp Inc Dividend

First Midwest Bancorp's most recent quarterly cash dividend of $0.14 per share was issued to shareholders on record before Sep 23, 2021. At an annualized rate of $0.56 per share, the stock yields 2.71%.

FMBI next dividend date: Dec 3, 2021

FMBI
DPS
$0.56
Dividend yield
2.71%
Payout ratio
36.1%
Financial Services sector
Dividend yield
2.38%
Payout ratio
32.1%

Dividend yield

First Midwest Bancorp's dividend yield of 2.71% is higher than the Financial Services sector and the industry average.

Dividend history

First Midwest Bancorp has been paying dividends for the last 21 years. According to our data FMBI has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However since the stock price has gone up by 36% from a year ago, the dividend yield has decreased by 27%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Aug 26, 2021 Sep 23, 2021 Oct 12, 2021 $0.14 normal
May 20, 2021 Jun 24, 2021 Jul 13, 2021 $0.14 normal
Feb 22, 2021 Mar 25, 2021 Apr 13, 2021 $0.14 normal
Nov 20, 2020 Dec 17, 2020 Jan 12, 2021 $0.14 normal
Aug 21, 2020 Sep 24, 2020 Oct 6, 2020 $0.14 normal
May 19, 2020 Jun 25, 2020 Jul 7, 2020 $0.14 normal
Feb 27, 2020 Mar 26, 2020 Apr 7, 2020 $0.14 normal
Nov 20, 2019 Dec 19, 2019 Jan 7, 2020 $0.14 normal
Aug 21, 2019 Sep 26, 2019 Oct 8, 2019 $0.14 normal
May 15, 2019 Jun 27, 2019 Jul 9, 2019 $0.14 normal
Feb 20, 2019 Mar 21, 2019 Apr 9, 2019 $0.12 normal
Nov 14, 2018 Dec 20, 2018 Jan 8, 2019 $0.12 normal
Aug 15, 2018 Sep 27, 2018 Oct 9, 2018 $0.11 normal
May 16, 2018 Jun 28, 2018 Jul 10, 2018 $0.11 normal
Feb 20, 2018 Mar 22, 2018 Apr 10, 2018 $0.11 normal
Nov 15, 2017 Dec 21, 2017 Jan 9, 2018 $0.1 normal
Aug 16, 2017 Sep 28, 2017 Oct 10, 2017 $0.1 normal
May 16, 2017 Jun 28, 2017 Jul 11, 2017 $0.1 normal
Feb 22, 2017 Mar 22, 2017 Apr 11, 2017 $0.09 normal
Nov 15, 2016 Dec 21, 2016 Jan 10, 2017 $0.09 normal
Aug 18, 2016 Sep 28, 2016 Oct 11, 2016 $0.09 normal
May 18, 2016 Jun 22, 2016 Jul 12, 2016 $0.09 normal
Feb 17, 2016 Mar 22, 2016 Apr 12, 2016 $0.09 normal

Dividend payouts

Payout ratio

First Midwest Bancorp's payout ratio of 36.1% is above the Financial Services sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)