First Midwest Bancorp, Inc. Declares Dividends
21 August 2020 - 11:00PM
First Midwest Bancorp, Inc. (the “Company” or “First Midwest”),
today announced that its Board of Directors declared a quarterly
cash dividend of $0.14 per share on the Company’s common
stock. This quarterly cash dividend will be payable on
October 6, 2020 to common stockholders of record on
September 25, 2020 and will represent the 151st consecutive
cash dividend paid by First Midwest since its inception in 1983.
The Board of Directors also declared a quarterly
cash dividend of $17.50 per share (equivalent to
$0.4375 per depositary share or 1/40th interest per share) on
First Midwest’s 7.000% Fixed Rate Non-Cumulative Perpetual
Preferred Stock, Series A (NASDAQ: FMBIP) and
Series C (NASDAQ: FMBIO). The dividends are payable on
November 20, 2020 to stockholders of record as of the close of
business on November 5, 2020.
About First Midwest
First Midwest (NASDAQ: FMBI) is a
relationship-focused financial institution and one of the largest
independent publicly traded bank holding companies based on assets
headquartered in Chicago and the Midwest, with approximately
$21 billion of assets and an additional $13 billion of
assets under management. First Midwest Bank and First Midwest’s
other affiliates provide a full range of commercial, treasury
management, equipment leasing, consumer, wealth management, trust
and private banking products and services. First Midwest operates
branches and other locations throughout metropolitan Chicago,
southeast Wisconsin, northwest Indiana, eastern Iowa and other
markets in the Midwest. Visit First Midwest at
www.firstmidwest.com.
Contacts |
|
Investors: |
Media: |
Patrick S. Barrett |
Maurissa Kanter |
EVP, Chief Financial Officer |
SVP, Director of Corporate Communications |
708.831.7231 |
708.831.7345 |
pat.barrett@firstmidwest.com |
maurissa.kanter@firstmidwest.com |
First Midwest Bancorp (NASDAQ:FMBIO)
Historical Stock Chart
From May 2024 to Jun 2024
First Midwest Bancorp (NASDAQ:FMBIO)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about First Midwest Bancorp Inc (NASDAQ): 0 recent articles
More News Articles