Midland States Bancrop (MSBI) has released an update.
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On February 6, 2024, the Company revealed a quarterly cash dividend of $0.31 per common share, scheduled for payment on February 23 to those on record by February 16. Additionally, holders of its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, will receive a dividend of $0.4844 per depositary share, payable on April 1 for stockholders recorded as of March 15.
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For a comprehensive understanding of the announcement, you can read the full document here.