SmarterDividends
MSBI

Midland States Bancorp, Inc.

MSBI

Financial Services · Stock · quarterly payer

Forward Yield

4.48%

Annual Dividend

$1.28

Payout Ratio

106%

5-Yr Growth

3.3%

Ex-Date

May 15, 2026

Frequency

Quarterly

MSBI Dividend Safety Score

73/ 100
Grade B

Safe

Dividend-growth streak8 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage106% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MSBI a good dividend stock?

Yes, with caveats

Midland States Bancorp, Inc. (MSBI) pays a quarterly dividend yielding 4.48% ($1.28/yr), with 9 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (106%)

Key Data

Dividend Yield
4.48%
Payout Ratio
106%
Annual Dividend
$1.28
5-Yr Avg Growth
3.3%
Ex-Dividend Date
May 15, 2026
Years of Growth
9
Frequency
quarterly
Beta
0.67
Market Cap
$591.2M
P/E Ratio
23.8
5-Yr Total Return
8%
52-Week Range
$14.24 – $28.80
Dividend Safety
B · 73/100
Ever Cut?
No
MSBI ex-dividend date & scheduleNext ex-date May 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.28 / yr per share

Per payment (quarterly)$32.00
Annual$128.00
Monthly avg$10.67