Midland States Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.33 per share of its common stock, an increase of 3.1% from the previous $0.32 per share. The dividend is payable on August 21, 2026 to shareholders of record as of August 14, 2026. The Board also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on September 30, 2026 to stockholders of record as of September 15, 2026. President and CEO Jeffrey G. Ludwig noted this marks the 26th consecutive year of quarterly dividend increases, reflecting strengthened earnings and capital position.
Midland States Bancorp, Inc.Raises quarterly common dividend by 3.1% to $0.33, marking 26th consecutive year of increases.