First Midwest Bancorp, Inc. Declares Quarterly Dividends
May 20 2021 - 2:12PM
First Midwest Bancorp, Inc. (the “Company”) 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 July 13, 2021 to common
stockholders of record on June 25, 2021 and will represent the
154th consecutive cash dividend paid by First Midwest since its
inception in 1983.
In addition, the Board of Directors declared a
quarterly cash dividend of $17.50 per share (equivalent to
$0.4375 per depositary share or 1/40th interest per share) on
the Company’s 7.0% Fixed Rate Non-Cumulative Perpetual Preferred
Stock, Series A (NASDAQ: FMBIP) and Series C
(NASDAQ: FMBIO). The dividends are payable on August 20,
2021 to stockholders of record as of the close of business on
August 5, 2021.
About the Company
The Company (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 $14 billion of assets under
management. The Company and First Midwest Bank’s other affiliates
provide a full range of commercial, treasury management, equipment
leasing, consumer, wealth management, trust and private banking
products and services. The primary footprint of the Company’s
branch network and other locations is in metropolitan Chicago,
southeast Wisconsin, northwest Indiana, central and western
Illinois, and eastern Iowa. Visit First Midwest at
www.firstmidwest.com.
Investors:Patrick S. BarrettEVP, Chief Financial
Officer708.831.7231pat.barrett@firstmidwest.com |
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Media:Maurissa KanterSVP, Director of Corporate
Communications708.831.7345maurissa.kanter@firstmidwest.com |
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