MSBI Midland States Bancorp dividend history, payout ratio & dates
- Stocks
- Financial Services
- NASDAQ: MSBI
- Dividend
Midland States Bancorp's last dividend was on Feb 14, 2025 (ex-date) with a distribution of $0.31 per share. On an annualized basis, the company has a current payout of $1.24 per share. This brings the dividend yield to 6.97% based on its recent close price.
Key dates
- MSBI last dividend date: Feb 14, 2025
MSBI dividend stats
vs. Financial Services sector
Dividend yield
MSBI has a dividend yield of 6.97% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.14%, Midland States Bancorp's dividend yield is 122% higher. The historical 5-year average of MSBI's dividend yield is 5.2%, which is below the current yield.
Dividend history
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 2.5% for the last twelve months. And with the stock price down by 24% from a year ago, the dividend yield has increased by 35%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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% |
Midland States Bancorp dividend payout ratio
Payout ratio
MSBI has a payout ratio of 61.7% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 44.1%, Midland States Bancorp's payout ratio is 40% higher.
Total amount of dividends paid per financial year (from cash flow)
MSBI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MSBI Midland States Bancorp Inc | 6.76% | $1.24 | 61.7% |
| NKSH National Bankshares Inc | 5.75% | $1.51 | 121.8% |
| NRIM Northrim Bancorp Inc | 2.95% | $2.49 | 32.6% |
Frequently asked questions
Does Midland States Bancorp pay a dividend?
Yes, Midland States Bancorp has been paying dividends for the last eight years.
When was MSBI's last dividend?
Midland States Bancorp's last dividend ex-date was on Feb 14, 2025. The dividend amount was $0.31 per share.
How much dividend does Midland States Bancorp pay (per share)?
MSBI's annualized dividend per share is $1.24.
What is Midland States Bancorp's dividend yield?
Currently Midland States Bancorp's dividend yield is 6.97%.
How often does Midland States Bancorp pay dividends?
Midland States Bancorp has a quarterly dividend frequency.
What is Midland States Bancorp's dividend payout ratio?
The dividend payout ratio of Midland States Bancorp is 61.7%.
Does Midland States Bancorp pay a good dividend?
Midland States Bancorp's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield.