Midland States Bancorp Declares Cash Dividends; $0.33 Common

What Happened

• Midland States Bancorp, Inc. filed an 8-K on August 4, 2026 announcing that its Board of Directors declared cash dividends. The Board declared a quarterly common stock dividend of $0.33 per share payable August 21, 2026 to holders of record as of the close of business on August 14, 2026.
• The Board also declared a cash dividend of $0.4844 per depository share on its 7.750% Fixed-Rate Reset Non‑Cumulative Perpetual Preferred Stock, Series A, payable September 30, 2026 to holders of record as of September 15, 2026.

Key Details

• Dividend on common stock: $0.33 per share; record date Aug 14, 2026; payable Aug 21, 2026.
• Preferred dividend: $0.4844 per depository share on the 7.750% Fixed‑Rate Reset Non‑Cumulative Perpetual Preferred Stock, Series A; record date Sep 15, 2026; payable Sep 30, 2026.
• Filing date: Form 8‑K filed August 4, 2026 (press release attached as Exhibit 99.1).

Why It Matters

• These dividend declarations provide near-term cash returns to shareholders: the common dividend affects regular income for common-stock holders and the preferred dividend confirms payment on the Series A preferred shares.
• The preferred dividend is on a non‑cumulative perpetual instrument with a fixed-rate reset feature (7.750%), which is a different claim and payment structure than common shares—important for income-focused investors to note.
• Investors tracking yield, income timelines, or cash flow expectations should note the exact record and payable dates to determine entitlement.