Trailing Dividend / Share
$1.27
Midland States Bancorp, Inc. (MSBI) Dividend History
Income profile from 2016 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
4.3%
Payout Ratio
N/A
Unknown
Dividend Streak
10 years
MSBI Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
10 straight years of dividend increases.
Income Trend
Yield on cost is 7.0% and trend is rising.
MSBI Dividend Scorecard
Yield & Income
Dividend Yield4.3%
Trailing DPS$1.27
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout22.2%
FCF SafetyWell Covered
Piotroski F-Score4/9
Growth
Growth Streak10 years
3Y CAGR2.8%
5Y CAGR3.3%
Yield on Cost (5Y)7.0%
YOC Trendrising
Total Returns
Buyback Yield1.5%
Total Shareholder Yield5.8%
1Y Total Return88.5%
5Y Total Return36.4%
Div Contribution (5Y)23.3%
Estimated $10K growth (return + dividends):
5Y ago$13,64510Y ago$18,12620Y ago$18,324
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MSBI Income Growth Story
Dividend per share and yield on cost over time (11 years of payments)
MSBI Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Midland States Bancorp, Inc. has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 22.2%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
MSBI has raised its dividend for 10 consecutive years, with a 3-year CAGR of 2.8% and 5-year CAGR of 3.3%.
Total Shareholder Returns
Beyond cash dividends, MSBI returns capital through share repurchases. The combined picture: 4.3% dividend yield, 1.5% buyback yield, 5.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.0% and is currently rising. The 5-year total return is 36.4%, with dividends contributing 23.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $18,126 today.
MSBI Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$6.06
Avg/Payment$0.3030
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 15, 2026Latest | $0.3200 | — | 4.82% | May 22, 2026 |
| Feb 13, 2026 | $0.3200 | — | 5.53% | Feb 20, 2026 |
| Nov 14, 2025 | $0.3200 | — | 7.79% | Nov 21, 2025 |
| Aug 15, 2025 | $0.3200 | ↑ +3.2% | 7.20% | Aug 22, 2025 |
| May 16, 2025 | $0.3100 | — | 6.94% | May 23, 2025 |
| Feb 14, 2025 | $0.3100 | — | 6.41% | Feb 21, 2025 |
| Nov 18, 2024 | $0.3100 | — | 4.72% | Nov 25, 2024 |
| Aug 16, 2024 | $0.3100 | — | 5.68% | Aug 23, 2024 |
MSBI Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
4.3%
#1 of 9
Safety
Unknown
— payout
Streak
10Y
3.3% 5Y CAGR
Total Shareholder
5.8%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st MSBIMidland States Banco… | $632M | 4.3% | — | 10 | Unknown |
 MBWMMercantile Bank Corp… | $928M | 2.7% | 27.0% | 13 | Sustainable |
3rd  FULTFulton Financial Cor… | $4.4B | 3.4% | 36.1% | 5 | Sustainable |
 IBCPIndependent Bank Cor… | $706M | 3.0% | 31.5% | 11 | Sustainable |
 NBTBNBT Bancorp Inc. | $2.4B | 3.1% | 42.9% | 13 | Sustainable |
 BANFBancFirst Corporatio… | $3.8B | 1.6% | 25.9% | 30 | Sustainable |
 FFINFirst Financial Bank… | $4.7B | 2.3% | 41.8% | 15 | Sustainable |
2nd  SFNCSimmons First Nation… | $3.2B | 3.9% | — | 14 | Unknown |
 FBIZFirst Business Finan… | $503M | 2.0% | 19.2% | 13 | Sustainable |
MSBI Annual Dividend History (2009–2026)
18 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.64 | — | 2 | — | — | — | 3.6% |
| 2025 | $1.26 | 1.6% | 4 | $-6.14 | — | — | 7.0% |
| 2024 | $1.24 | 3.3% | 4 | $1.32 | 93.9% | 1.06x | 6.9% |
| 2023 | $1.20 | 3.4% | 4 | $2.33 | 51.5% | 1.94x | 6.7% |
| 2022 | $1.16 | 3.6% | 4 | $4.23 | 27.4% | 3.65x | 6.5% |
| 2021 | $1.12 | 4.7% | 4 | $3.57 | 31.4% | 3.19x | 6.3% |
| 2020 | $1.07 | 10.3% | 4 | $0.95 | 112.6% | 0.89x | 6.0% |
| 2019 | $0.97 | 10.2% | 4 | $2.26 | 42.9% | 2.33x | 5.4% |
| 2018 | $0.88 | 10.0% | 4 | $1.66 | 53.0% | 1.89x | 4.9% |
| 2017 | $0.80 | 122.2% | 4 | $0.87 | 92.0% | 1.09x | 4.5% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
10+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MSBI — Frequently Asked Questions
Quick answers to the most common questions about buying MSBI stock.
How much dividend does MSBI pay per share?
Midland States Bancorp, Inc. (MSBI) pays a trailing 12-month dividend of $1.27 per share, with a current dividend yield of +4.3%. Payments are made Semi-Annual.
When is MSBI's next ex-dividend date?
MSBI's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MSBI typically pays dividends Semi-Annual.
Is MSBI's dividend safe?
MSBI's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +22.2%. The 10-year growth streak provides moderate confidence.
Is MSBI a Dividend Achiever?
Yes, Midland States Bancorp, Inc. is classified as a Dividend Achiever with 10 consecutive years of dividend increases. The 5-year dividend CAGR is +3.3%, demonstrating modest dividend growth.
How often does MSBI pay dividends?
Midland States Bancorp, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.27 per share. Dividend data on this page covers 10+ years from 2016 to 2026.
How much would $10,000 invested in MSBI grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MSBI five years ago would be worth approximately $13,645 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MSBI's yield on cost for long-term holders?
MSBI's yield on cost — the current dividend divided by the original purchase price — is +7.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.3% market yield, thanks to consistent dividend growth.