MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers deposit products, such as noninterest bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and industrial, commercial and residential real estate, agricultural, and credit card loans, as well as consumer loans, such as secured and unsecured personal, and automobile loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, and financial planning and custodial services, as well as investment-related services, including securities trading, mutual funds sales, fixed and variable annuities, tax-exempted, and conventional unit trusts. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online and mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of 56 banking offices located in central and eastern Iowa, the Minneapolis/St. Paul metropolitan area of Minnesota, southwestern Wisconsin, southwestern Florida, and Denver, Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.
MidWestOne Financial Dividend Announcement
• MidWestOne Financial announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• MidWestOne Financial annual dividend for 2024 was $0.97
• MidWestOne Financial annual dividend for 2023 was $0.97
• MidWestOne Financial's trailing twelve-month (TTM) dividend yield is 4.26%
• MidWestOne Financial's payout ratio for the trailing twelve months (TTM) is -20.65%
• MidWestOne Financial's dividend growth over the last five years (2018-2023) was 4.47% year
• MidWestOne Financial's dividend growth over the last ten years (2013-2023) was 6.86% year
MidWestOne Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $0.24 | quarterly | 2024-12-16 |
| 2024-09-03 | $0.24 | quarterly | 2024-09-17 |
| 2024-06-03 | $0.24 | quarterly | 2024-06-17 |
| 2024-02-29 | $0.24 | quarterly | 2024-03-15 |
| 2023-11-30 | $0.24 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.24 | quarterly | 2023-09-15 |
| 2023-05-31 | $0.24 | quarterly | 2023-06-15 |
| 2023-02-28 | $0.24 | quarterly | 2023-03-15 |
| 2022-11-30 | $0.24 | quarterly | 2022-12-15 |
| 2022-08-31 | $0.24 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.24 | quarterly | 2022-06-15 |
| 2022-02-28 | $0.24 | quarterly | 2022-03-15 |
| 2021-11-30 | $0.23 | quarterly | 2021-12-15 |
| 2021-08-31 | $0.23 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.23 | quarterly | 2021-06-15 |
| 2021-02-26 | $0.23 | quarterly | 2021-03-15 |
| 2020-11-30 | $0.22 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.22 | quarterly | 2020-09-15 |
| 2020-05-29 | $0.22 | quarterly | 2020-06-15 |
| 2020-02-28 | $0.22 | quarterly | 2020-03-16 |
| 2019-11-29 | $0.20 | quarterly | 2019-12-16 |
| 2019-08-29 | $0.20 | quarterly | 2019-09-16 |
| 2019-04-26 | $0.20 | quarterly | 2019-06-17 |
| 2019-02-27 | $0.20 | quarterly | 2019-03-15 |
| 2018-11-29 | $0.20 | quarterly | 2018-12-17 |
| 2018-08-30 | $0.20 | quarterly | 2018-09-17 |
| 2018-05-31 | $0.20 | quarterly | 2018-06-15 |
| 2018-02-28 | $0.20 | quarterly | 2018-03-15 |
| 2017-11-30 | $0.17 | quarterly | 2017-12-15 |
| 2017-08-30 | $0.17 | quarterly | 2017-09-15 |
| 2017-05-30 | $0.17 | quarterly | 2017-06-15 |
| 2017-02-27 | $0.17 | quarterly | 2017-03-15 |
| 2016-11-29 | $0.16 | quarterly | 2016-12-15 |
| 2016-08-30 | $0.16 | quarterly | 2016-09-15 |
| 2016-05-27 | $0.16 | quarterly | 2016-06-15 |
| 2016-02-26 | $0.16 | quarterly | 2016-03-15 |
| 2015-11-27 | $0.15 | quarterly | 2015-12-15 |
| 2015-08-28 | $0.15 | quarterly | 2015-09-15 |
| 2015-05-28 | $0.15 | quarterly | 2015-06-15 |
| 2015-02-25 | $0.15 | quarterly | 2015-03-16 |
| 2014-11-26 | $0.14 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.14 | quarterly | 2014-09-15 |
| 2014-05-28 | $0.14 | quarterly | 2014-06-16 |
| 2014-02-26 | $0.14 | quarterly | 2014-03-17 |
| 2013-11-26 | $0.12 | quarterly | 2013-12-16 |
| 2013-08-28 | $0.12 | quarterly | 2013-09-16 |
| 2013-05-29 | $0.12 | quarterly | 2013-06-17 |
| 2013-02-27 | $0.12 | quarterly | 2013-03-15 |
MidWestOne Financial Dividend per year
MidWestOne Financial Dividend growth
MidWestOne Financial Dividend Yield
MidWestOne Financial current trailing twelve-month (TTM) dividend yield is 4.26%. Interested in purchasing MidWestOne Financial stock? Use our calculator to estimate your expected dividend yield:
MidWestOne Financial Financial Ratios
P/E ratio-6.07
PEG ratio0.35
P/B ratio0.80
ROE-13.70%
Payout ratio-20.65%
Current ratio4.13
Quick ratio4.13
Cash Ratio0.18
MidWestOne Financial Dividend FAQ
How much is the next MidWestOne Financial dividend?
MidWestOne Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MidWestOne Financial dividend. The next MidWestOne Financial dividend will be released in February, May, August, or November.
When is MidWestOne Financial dividend paid?
MidWestOne Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does MidWestOne Financial pay?
The specific amount of MidWestOne Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MidWestOne Financial's dividend history.
Does MidWestOne Financial stock pay dividends?
Yes, MidWestOne Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MidWestOne Financial's dividend history.
How much dividend does MidWestOne Financial pay?
MidWestOne Financial paid $0.97 in 2024, $0.97 in 2023, $0.948 in 2022, $0.9 in 2021, and $0.88 in 2020.
How often does MidWestOne Financial pay dividends?
MidWestOne Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is MidWestOne Financial's dividend yield?
The current dividend yield for MidWestOne Financial is 4.26%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate MidWestOne Financial's exact dividend yield.
When does MidWestOne Financial go ex dividend?
MidWestOne Financial's ex-dividend date for the latest dividend was on 2024-12-02. MidWestOne Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next MidWestOne Financial dividend paid?
MidWestOne Financial pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will MidWestOne Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether MidWestOne Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is MidWestOne Financial dividend per share?
MidWestOne Financial paid $0.97 per share in 2024 and $0.97 per share in 2023. The amount of dividend per share that MidWestOne Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is MidWestOne Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MidWestOne Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MidWestOne Financial a dividend stock?
Yes, MidWestOne Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MidWestOne Financial a good dividend stock?
Whether MidWestOne Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MidWestOne Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating MidWestOne Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating MidWestOne Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does MidWestOne Financial pay dividends monthly?
MidWestOne Financial typically pays dividends on a quarterly basis.
Does MidWestOne Financial pay dividends quarterly?
MidWestOne Financial currently pays dividends on a quarterly basis.
Has MidWestOne Financial ever paid a dividend?
Yes, MidWestOne Financial has a history of paying dividends to its shareholders. MidWestOne Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MidWestOne Financial dividend stocks?
To buy MidWestOne Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy MidWestOne Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy MidWestOne Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does MidWestOne Financial pay dividends 2024?
MidWestOne Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will MidWestOne Financial increase its dividend in 2024?
Decisions regarding MidWestOne Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date MidWestOne Financial dividend overview you can look into the above table of dividend history.
How MidWestOne Financial dividend works?
The MidWestOne Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how MidWestOne Financial's dividend process works:
1. Determination of Dividend: MidWestOne Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, MidWestOne Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, MidWestOne Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from MidWestOne Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: MidWestOne Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, MidWestOne Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, MidWestOne Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from MidWestOne Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are MidWestOne Financial dividends paid?
MidWestOne Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: MidWestOne Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, MidWestOne Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MidWestOne Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: MidWestOne Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, MidWestOne Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MidWestOne Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does MidWestOne Financial pay dividends?
MidWestOne Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does MidWestOne Financial pay dividends?
The general pattern is that MidWestOne Financial pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MidWestOne Financial dividend safe?
The safety of MidWestOne Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of MidWestOne Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review MidWestOne Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of MidWestOne Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review MidWestOne Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.