Midland States Bancorp (Nasdaq: MSBI) declared quarterly cash dividends for common and preferred shares. The common dividend is $0.32 per share, payable May 22, 2026, to shareholders of record on May 15, 2026. The preferred dividend is $0.4844 per depository share, payable June 30, 2026, to holders of record on June 15, 2026.
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Positive
$0.32 common dividend declared
$0.4844 per depository share preferred dividend declared
Clear record and payable dates provided
Negative
Cash dividends create near-term cash outflow for the bank
News Market Reaction – MSBI
+2.62%
+2.62%Session close to close
In the May 6 session, MSBI gained 2.62%, reflecting a moderate positive market reaction.
EFFINGHAM, Ill., May 05, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.32 per share of its common stock. The dividend is payable on May 22, 2026 to all shareholders of record as of the close of business on May 15, 2026.
The Board of Directors 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. The dividend will be payable on June 30, 2026 to stockholders of record as of June 15, 2026.
About Midland States Bancorp, Inc.
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of March 31, 2026, the Company had total assets of approximately $6.55 billion, and its Wealth Management Group had assets under administration of approximately $4.47 billion. The Company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit midlandsb.com or follow Midland States Bank on LinkedIn.
CONTACTS: Claire A. Stack, Interim Chief Financial Officer, at cstack@midlandsb.com or (217) 342-7321
FAQ
What common dividend did Midland States Bancorp (MSBI) declare for May 2026?
The company declared a $0.32 per share quarterly cash dividend. According to Midland States Bancorp, the dividend is payable May 22, 2026 to shareholders of record as of May 15, 2026.
When is the MSBI common dividend payable and who is eligible?
The common dividend is payable on May 22, 2026 to holders of record at close of business May 15, 2026. According to Midland States Bancorp, eligibility is determined by the shareholder record on that May 15, 2026 date.
What preferred dividend did Midland States Bancorp (MSBI) declare for Series A preferred?
The company declared a $0.4844 per depository share dividend on its Series A preferred stock. According to Midland States Bancorp, the dividend is payable June 30, 2026 to holders of record June 15, 2026.
When will the MSBI Series A preferred dividend be paid and who qualifies?
The Series A preferred dividend will be paid on June 30, 2026 to stockholders of record as of June 15, 2026. According to Midland States Bancorp, the June 15 record date determines which holders qualify for payment.
How do the announced MSBI dividends affect shareholders who buy shares after the record date?
Shareholders who acquire shares after the record date are not eligible for the upcoming dividend. According to Midland States Bancorp, eligibility is fixed by the record dates of May 15, 2026 for common and June 15, 2026 for preferred.
