On 6/15/26, Midland States Bancorp Inc's Reset Rate Non-Cumul Preferred Series A (Symbol: MSBIP) will trade ex-dividend, for its quarterly dividend of $0.4844, payable on 6/30/26. As a percentage of MSBIP's recent share price of $25.29, this dividend works out to approximately 1.92%, so look for shares of MSBIP to trade 1.92% lower โ all else being equal โ when MSBIP shares open for trading on 6/15/26. On an annualized basis, the current yield is approximately 7.62%, which compares to an average yield of 6.75% in the "Financial" preferred stock category, according to Preferred Stock Channel .
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