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Midland States Bancorp (Midland States Bancorp) 3-Year Dividend Growth Rate : 3.90% (As of Dec. 2023)


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What is Midland States Bancorp 3-Year Dividend Growth Rate?

Midland States Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

The historical rank and industry rank for Midland States Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

MSBI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.9   Med: 8.4   Max: 39.2
Current: 3.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Midland States Bancorp was 39.20% per year. The lowest was 3.90% per year. And the median was 8.40% per year.

MSBI's 3-Year Dividend Growth Rate is ranked worse than
68.16% of 779 companies
in the Banks industry
Industry Median: 7.5 vs MSBI: 3.90

During the past 12 months, Midland States Bancorp's average Dividends Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Midland States Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.56. As of today, Midland States Bancorp's Dividend Yield % is 5.00%.

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


Competitive Comparison of Midland States Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Midland States Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Midland States Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Midland States Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Midland States Bancorp's 3-Year Dividend Growth Rate falls into.



Midland States Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Midland States Bancorp  (NAS:MSBI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Midland States Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.3/ 0.54
=0.56

During the past 13 years, the highest Dividend Payout Ratio of Midland States Bancorp was 0.80. The lowest was 0.19. And the median was 0.40.

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

Midland States Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3102024-02-152024-02-162024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-11-162023-11-172023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-08-102023-08-112023-08-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-05-112023-05-122023-05-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Midland States Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.21/24.04
=5.03 %

Current Share Price is $24.04.
Midland States Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.21.

During the past 13 years, the highest Dividend Yield of Midland States Bancorp was 8.05%. The lowest was 0.49%. And the median was 3.92%.

* 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.


Midland States Bancorp 3-Year Dividend Growth Rate Related Terms>


Midland States Bancorp (Midland States Bancorp) Business Description

Traded in Other Exchanges
Address
1201 Network Centre Drive, Effingham, IL, USA, 62401
Midland States Bancorp Inc is a diversified financial holding company. The company provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. The Banking segment provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing; mortgage loan sales and servicing; letters of credit. etc. The Wealth Management segment consists of trust and fiduciary services, brokerage and retirement planning services. The Other segment includes the operating results of the parent company.
Executives
Donald J. Spring officer: Chief Accounting Officer 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Douglas J. Tucker officer: SVP Corporate Counsel MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Richard Dean Bingham director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jeffrey S. Mefford officer: EVP-Banking, Midland States Bank MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Robert F. Schultz director MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey C. Smith director MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Eric Lemke officer: Chief Financial Officer 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jerry L. Mcdaniel director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Sherina M. Edwards director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jeffrey A. Brunoehler officer: SVP Credit - CCO, Midland States Bank MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey G. Ludwig officer: EVP & CFO MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey M Mcdonnell director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
John M Schultz director MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Leon J Holschbach director, officer: CEO C/O MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Stephen A. Erickson officer: Chief Financial Officer 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401