SmarterDividends
MSBI

Midland States Bancorp, Inc.

MSBIP

Financial Services · Banks - Regional · Stock · quarterly payer

$25.39

Undervalued · +38% Add to Portfolio

Forward Yield

7.63%

Annual Dividend

$1.94

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about MSBIP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Midland States Bancorp, Inc. (MSBIP) has a forward dividend yield of 7.63%, based on an annual dividend of $1.94 per share and a share price of $25.39.
  • As of Oct 18, 2026, MSBIP's dividend safety grade from SmarterDividends is B (71 out of 100), which rates the dividend as safe.
  • MSBIP has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MSBIP's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.48 per share.
  • As of Oct 18, 2026, MSBIP's 7.63% yield is 15% above its five-year average yield of 6.64%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MSBIP is $34.94 per share, 38% above the $25.39 share price, so MSBIP screens as undervalued.
  • Midland States Bancorp, Inc. (MSBIP) pays its dividend quarterly, 4 times a year.
  • Midland States Bancorp, Inc. (MSBIP) has raised its regular dividend 0 times and cut it 0 times across the 16 payments on record since 2022. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "MSBIP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MSBIP

Summary

As of Oct 18, 2026, Midland States Bancorp, Inc. (MSBIP) yields 7.63% ($1.94 a year per share) and has a dividend safety grade of B (71/100).

Is MSBIP a good dividend stock?

Yes, with caveats

Midland States Bancorp, Inc. (MSBIP) pays a quarterly dividend yielding 7.63% ($1.94/yr), with 0 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

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
7.63%
Payout Ratio
—
Annual Dividend
$1.94
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.64
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$23.22 – $27.07
Dividend Safety
B · 71/100
Ever Cut?
No

MSBIP dividend raises and cuts

Midland States Bancorp, Inc. (MSBIP) has raised its regular dividend 0 times and cut it 0 times across the 16 payments on record since 2022. The regular dividend has not changed in that time.

Every MSBIP payment →Download every raise and cut (CSV)
MSBIP ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →MSBIP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MSBIP a good dividend stock?

Yes, with caveats. Midland States Bancorp, Inc. (MSBIP) pays a quarterly dividend yielding 7.63% ($1.94/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is MSBIP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MSBIP's fair value is about $34.94 versus a $25.39 share price — so it looks undervalued (+38% vs. fair value).

Is MSBIP's dividend safe?

MSBIP has a dividend-safety grade of B (71/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MSBIP's fair value?

Our blended fair-value estimate for MSBIP is about $34.94 per share, roughly 38% above the current $25.39 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MSBIP a buy, hold, or sell?

We don't issue formal ratings, but on the data MSBIP screens as "yes, with caveats" and undervalued. Midland States Bancorp, Inc. (MSBIP) pays a quarterly dividend yielding 7.63% ($1.94/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MSBIP cut its dividend?

MSBIP earns a dividend-safety grade of B (71/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MSBIP pay a dividend?

Yes. Midland States Bancorp, Inc. pays a quarterly dividend of about $1.94 per share annually, a forward yield of roughly 7.63%.

What is MSBIP's dividend yield?

As of Oct 18, 2026, MSBIP's forward dividend yield is 7.63%, based on a $1.94 annual dividend and a $25.39 share price.

What is MSBIP's dividend per share?

As of Oct 18, 2026, MSBIP pays $1.94 per share per year, distributed on a quarterly basis.

How many years has MSBIP grown its dividend?

MSBIP does not currently have a long dividend-growth streak on record.

When is the next MSBIP ex-dividend date?

As of Oct 18, 2026, MSBIP's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.48 per share.

Income Calculator

At $1.94 / yr per share

Per payment (quarterly)$48.50
Annual$194.00
Monthly avg$16.17

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