Midland States Bancorp declares $0.4844 dividend on Series A preferred
Midland States Bancorp declared a $0.4844 dividend on its 7.75% Series A perpetual preferred depositary shares, according to Seeking Alpha.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
According to Seeking Alpha, the bank holding company Midland States Bancorp, Inc. has declared a dividend of $0.4844 per depositary share on its perpetual Series A preferred stock, which carries a fixed 7.75% rate.
Each depositary share represents a one-fortieth interest in a preferred share.
why it matters
The announcement is routine and unlikely to move broader markets. For holders of these preferred shares it confirms the current payout, while the banking sector as a whole sees little direct impact.
tags
instruments
sources
- Midland States Bancorp, Inc. 7.75% DEP SHS REP 1/40TH PERP PFD SER A declares $0.4844 dividend — Seeking Alpha, 3 November 2026 at 03:42 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗