Midland States Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.32 per share of its common stock. This represents an increase of 3.2% from the previous quarterly cash dividend of $0.31 per share.
This dividend declaration marks the 25th consecutive year that Midland States Bancorp has increased its quarterly cash dividend, demonstrating a consistent commitment to returning capital to shareholders. The dividend is payable on August 22, 2025, to shareholders of record as of August 15, 2025.
The company's President and CEO, Jeffrey G. Ludwig, stated that the bank's capital ratios remain strong, and earnings and asset quality improved significantly in the second quarter. This dividend increase reflects confidence in the positive trajectory of the company's financial performance and its ability to support further growth of its community banking franchise.
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