Midland States Bancorp's last dividend was on May 15, 2026 (ex-date) with a distribution of $0.32 per share. On an annualized basis, the company has a current payout of $1.28 per share. This brings the dividend yield to 4.66% based on its recent close price.
MSBI has a dividend yield of 4.66% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.74%, Midland States Bancorp's dividend yield is 70% higher. The historical 5-year average of MSBI's dividend yield is 5.3%, which is above the current yield.
Midland States Bancorp has been paying dividends since 2016. MSBI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.2% for the last twelve months. But with the stock price up by 61% from a year ago, the dividend yield has decreased by 36%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 15, 2026 | $0.32 | 4.82% |
| Feb 13, 2026 | $0.32 | 5.53% |
| Nov 14, 2025 | $0.32 | 7.79% |
| Aug 15, 2025 | $0.32 | 7.2% |
| May 16, 2025 | $0.31 | 6.94% |
| Feb 14, 2025 | $0.31 | 6.41% |
| Nov 18, 2024 | $0.31 | 4.72% |
| Aug 16, 2024 | $0.31 | 5.68% |
| May 16, 2024 | $0.31 | 5.2% |
| Feb 15, 2024 | $0.31 | 4.8% |
| Nov 16, 2023 | $0.3 | 5.15% |
| Aug 10, 2023 | $0.3 | 5.16% |
| May 11, 2023 | $0.3 | 6.3% |
| Feb 16, 2023 | $0.3 | 4.49% |
| Nov 10, 2022 | $0.29 | 4.13% |
| Aug 18, 2022 | $0.29 | 4.1% |
| May 12, 2022 | $0.29 | 4.5% |
| Feb 10, 2022 | $0.29 | 3.81% |
| Nov 19, 2021 | $0.28 | 4.48% |
| Aug 12, 2021 | $0.28 | 4.36% |
| May 13, 2021 | $0.28 | 3.88% |
| Feb 11, 2021 | $0.28 | 5.22% |
| Nov 19, 2020 | $0.268 | 6.03% |
| Aug 13, 2020 | $0.268 | 7.04% |
| May 14, 2020 | $0.268 | 7.59% |
| Feb 13, 2020 | $0.268 | 3.68% |
| Nov 15, 2019 | $0.243 | 3.46% |
| Aug 15, 2019 | $0.243 | 3.73% |
| May 10, 2019 | $0.243 | 3.48% |
| Feb 14, 2019 | $0.243 | 3.67% |
| Nov 16, 2018 | $0.22 | 3.38% |
| Aug 16, 2018 | $0.22 | 2.48% |
| May 17, 2018 | $0.22 | 2.6% |
| Feb 15, 2018 | $0.22 | 2.71% |
| Nov 16, 2017 | $0.2 | 2.58% |
| Aug 16, 2017 | $0.2 | 2.61% |
| May 10, 2017 | $0.2 | 2.15% |
| Feb 15, 2017 | $0.2 | 1.61% |
| Nov 16, 2016 | $0.18 | 1.26% |
| Aug 10, 2016 | $0.18 | 0.8% |
MSBI has a payout ratio of 108.5% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 33.7%, Midland States Bancorp's payout ratio is 222% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MSBI Midland States Bancorp Inc | 4.49% | $1.28 | 108.5% |
| NKSH National Bankshares Inc | 4.38% | $1.53 | 55.4% |
| NRIM Northrim Bancorp Inc | 2.58% | $0.64 | 21.8% |
Yes, Midland States Bancorp has been paying dividends for the last ten years.
Midland States Bancorp's last dividend ex-date was on May 15, 2026. The dividend amount was $0.32 per share.
MSBI's annualized dividend per share is $1.28.
Currently Midland States Bancorp's dividend yield is 4.66%.
Midland States Bancorp has a quarterly dividend frequency.
The dividend payout ratio of Midland States Bancorp is 108.5%.
Midland States Bancorp's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield.