Midland States Bancorp (NASDAQ:MSBIP) Shares Up 0.2% – Time to Buy?

Midland States Bancorp, Inc. (NASDAQ:MSBIP)’s stock price traded up 0.2% on Monday . The company traded as high as $25.45 and last traded at $25.4590. 520 shares were traded during mid-day trading, a decline of 87% from the average session volume of 4,057 shares. The stock had previously closed at $25.40.

Midland States Bancorp Price Performance

The business’s 50-day moving average is $25.24 and its two-hundred day moving average is $25.11.

Midland States Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Monday, June 15th.

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.