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Stock impact report

Read This Before Considering Midland States Bancorp, Inc. (NASDAQ:MSBI) For Its Upcoming US$0.31 Dividend [Yahoo! Finance]

Midland States Bancorp, Inc. (MSBI) 
Last midland states bancorp, inc. earnings: 4/23 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.midlandsb.com
Company Research Source: Yahoo! Finance
NASDAQ:MSBI ) is about to go ex-dividend in just four days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Accordingly, Midland States Bancorp investors that purchase the stock on or after the 18th of November will not receive the dividend, which will be paid on the 25th of November. The company's next dividend payment will be US$0.31 per share. Last year, in total, the company distributed US$1.24 to shareholders. Looking at the last 12 months of distributions, Midland States Bancorp has a trailing yield of approximately 4.5% on its current stock price of US$27.35. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintainin Show less Read more
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