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First Midwest Bancorp (First Midwest Bancorp) Dividend Yield % : 2.60% (As of May. 12, 2024)


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What is First Midwest Bancorp Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of First Midwest Bancorp is 2.60%.

The historical rank and industry rank for First Midwest Bancorp's Dividend Yield % or its related term are showing as below:

FMBI' s Dividend Yield % Range Over the Past 10 Years
Min: 0.29   Med: 1.78   Max: 5.28
Current: 2.6

During the past 13 years, the highest Dividend Yield of First Midwest Bancorp was 5.28%. The lowest was 0.29%. And the median was 1.78%.

FMBI's Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 3.97 vs FMBI: 2.60

First Midwest Bancorp's Dividend Payout Ratio for the three months ended in Sep. 2021 was 0.32.

During the past 13 years, the highest Dividend Payout Ratio of First Midwest Bancorp was 0.64. The lowest was 0.11. And the median was 0.32.

As of today (2024-05-12), the Forward Dividend Yield % of First Midwest Bancorp is 2.60%.

First Midwest Bancorp's Dividends per Share for the three months ended in Sep. 2021 was $0.14.

During the past 12 months, First Midwest Bancorp's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 34.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Midwest Bancorp was 108.00% per year. The lowest was -67.80% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


First Midwest Bancorp Dividend Yield % Historical Data

The historical data trend for First Midwest Bancorp's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Midwest Bancorp Dividend Yield % Chart

First Midwest Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 2.27 2.34 3.52 2.73

First Midwest Bancorp Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.52 2.56 2.82 2.95 2.73

Competitive Comparison of First Midwest Bancorp's Dividend Yield %

For the Banks - Regional subindustry, First Midwest Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Midwest Bancorp's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Midwest Bancorp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Midwest Bancorp's Dividend Yield % falls into.



First Midwest Bancorp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


First Midwest Bancorp  (NAS:FMBI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


First Midwest Bancorp Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Midwest Bancorp's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Midwest Bancorp (First Midwest Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
8750 West Bryn Mawr Avenue, Suite 1300, Chicago, IL, USA, 60631-3655
First Midwest Bancorp Inc is a relationship-focused financial institution and largest independent publicly traded bank holding company based on assets headquartered in Chicago and the Midwest, with approximately $21 billion of assets and an additional $14 billion of assets under management. It provides a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. First Midwest operates branches and other locations throughout metropolitan Chicago, southeast Wisconsin, northwest Indiana, eastern Iowa and other markets in the Midwest.
Executives
James P Hotchkiss officer: EVP and Treasurer ONE PIERCE PLACE SUITE 1500 ITASCA IL 60143
Kevin P Geoghegan officer: EVP, Chief Credit Officer 8750 WEST BRYN MAWR AVENUE SUITE 1300 CHICAGO IL 60631
Phupinder Gill director 20 S. WACKER DR, CHICAGO IL 60606
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Van Arsdell Stephen C director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Jo Ann Boylan officer: EVP, Chief Info/Ops Officer ONE PIERCE PLACE SUITE 1500 ITASCA IL 60143
Michael Small director C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Frank Blaise Modruson director C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Barbara A Boigegrain director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Ellen A Rudnick director 5807 SOUTH WOODLAWN AVENUE, MP POLSKY CENTER FOR ENTREPRENEURSHIP, CHICAGO IL 60637
Peter J Henseler director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
R Douglas Rose officer: EVP, Chief HR Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Kathryn Hayley director C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Michael L Scudder director, officer: Chairman & CEO 300 PARK BLVD, SUITE 405, ITASCA IL 60143
J Stephen Vanderwoude director 300 PARK BLVD SUITE 405 ITASCA IL 60143

First Midwest Bancorp (First Midwest Bancorp) Headlines