First Midwest Bancorp, Inc. (NASDAQ:FMBI) Updates On Quarterly Dividend


As per First Midwest Bancorp, Inc. (NASDAQ:FMBI) statement on 2016-05-19, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.09 per share as dividend to stakeholders. The record date is set as 2016-06-24, the payout date as 2016-07-12 and the ex-dividend date is 2016-06-22.

Last fiscal First Midwest Bancorp, Inc. (NASDAQ:FMBI) disbursed cash dividend of $0.09. A year ago, the payout was $0.09, which indicates a difference of 16.129%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.09, implying 55.1846% growth.

For the period ended on 2015-12-31, First Midwest Bancorp, Inc. (NASDAQ:FMBI)’s earnings came at $0.32 per share compared to EPS of $0.3 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-18. For this quarter, the analysts have earnings estimate of $0.32 per share.

The interim price target for First Midwest Bancorp, Inc. (NASDAQ:FMBI) is set at $20.166. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for First Midwest Bancorp, Inc. (NASDAQ:FMBI) is seen at $22 and the lowest level is established at $19. This broad range highlights a standard deviation of $0.983 in reported estimates.

Shares of the First Midwest Bancorp, Inc. (NASDAQ:FMBI) traded in the range of $18.65 to $18.94 and closed the last trading session at $18.93 on a volume of ((Volume:238}}.

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