Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.32 Per Share and Declares Preferred Stock Dividend

Midland States Bancorp, Inc. (NASDAQ: MSBI) has announced an increase in its quarterly cash dividend to $0.32 per share, marking a 3.2% rise from the previous $0.31 per share. This upcoming dividend is scheduled for distribution on August 22, 2025, to shareholders who hold shares as of the close of business on August 15, 2025. In addition to the common stock dividend, a cash dividend of $0.4844 per depository share will also be paid for the company’s 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, with a payout scheduled for September 30, 2025, to shareholders recorded by September 15, 2025.

Jeffrey G. Ludwig, the company’s President and CEO, highlighted that this marks the 25th consecutive year that Midland States Bancorp has increased its quarterly dividend, reflecting the bank's commitment to its shareholders. He underscored that the bank continues to maintain strong capital ratios, with improved earnings and asset quality demonstrated in the second quarter. Ludwig emphasized the importance of returning capital to shareholders while ensuring sufficient retained earnings to support future growth.

Headquartered in Effingham, Illinois, Midland States Bancorp operates as a community-focused financial holding company. As of June 30, 2025, it reported total assets of approximately $7.11 billion and manages about $4.18 billion in assets within its Wealth Management Group. The company offers a comprehensive suite of commercial and consumer banking products, as well as services like equipment financing, merchant credit card services, trust and investment management, and insurance.

For additional information about Midland States Bancorp, interested parties can visit their official website and LinkedIn page.

Midland States Bancorp, Inc. (NASDAQ: MSBI) has recently announced a 3.2% increase in its quarterly cash dividend, now set at $0.32 per share, a move that underscores the company's strong financial health and commitment to returning value to shareholders. This marks 25 consecutive years of dividend increases, showcasing a consistent performance and confidence in future earnings growth. Given the rise in the dividend, investors can view AMSBI as a viable candidate for income-focused portfolios, especially in an environment where yield-seeking behavior is prevalent.

The bank's capital ratios are robust, and with total assets nearing $7.11 billion, it appears well-positioned to weather economic fluctuations. Moreover, the significant enhancement in earnings and asset quality noted during the second quarter indicates that Midland's operational strategies are effective. As President and CEO Jeffrey G. Ludwig pointed out, while careful attention is paid to retaining capital, the pivot towards dividend increases suggests that the bank anticipates sustained profitability.

The announcement of a $0.4844 dividend on its preferred stock further enriches the investment appeal for those seeking regular income streams. Investors must consider the stability of such dividends in light of broader economic conditions and the bank's performance. As Midland engages in community banking and offers a broad range of financial services, investors should monitor possible growth initiatives that may arise from retained earnings.

Given this context, investors are advised to consider holding or acquiring MSBI shares, particularly as it aligns with long-term investment strategies focused on stability and consistent income. However, it's critical to remain attentive to economic indicators and the bank's ongoing performance metrics as they will impact future dividend potential and overall valuation.