MidWestOne Financial Group, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2018
January 18, 2018 at 08:15 pm IST
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MidWestOne Financial Group, Inc. announced that on January 17, 2018 the company's Board of Directors declared a cash dividend of $0.195 per common share, which is a 15% increase from the dividend paid in each of the previous two quarters. The dividend is payable on March 15, 2018 to shareholders of record at the close of business on March 1, 2018. At this quarterly rate, the indicated annual cash dividend is equal to $0.78 per common share.
MidWestOne Financial Group, Inc. (MidWestOne) is a financial holding company. MidWestOne is the parent company of MidWestOne Bank (the Bank), which operates banking offices in Iowa, Minnesota, Wisconsin, Florida, and Colorado. MidWestOne provides electronic delivery of financial services through its Website, MidWestOne.bank. The Bank is focused on delivering relationship-based business and personal banking products and services. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. The Bank also provides deposit products, including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. Complementary to its loan and deposit products, the Bank also provides products and services, including treasury management, Zelle, online and mobile banking, credit and debit cards, ATMs, and safe deposit boxes. The Bank also has a trust department and an investment services department.
MIDWESTONE FINANCIAL GROUP, INC. 
