MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Updates On Dividend Release Date


On 2016-07-25, MidWestOne Financial Group, Inc. (NASDAQ:MOFG) confirmed the dividend disbursement of $0.16 a share to shareholders as on record 2016-09-01. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, MidWestOne Financial Group, Inc. (NASDAQ:MOFG) paid a total of $0.16 per share in dividends. This figure stood at $0.16 a share in the same period a year ago indicating a deviation of 3.4483%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $31.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $32 and $30, respectively.

Taking the mathematical rating formula, the price for MidWestOne Financial Group, Inc. (NASDAQ:MOFG) stands at 2. Earnings Review MidWestOne Financial Group, Inc. (NASDAQ:MOFG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.58.

Coming to the quarter ending on 2015-12-31, MidWestOne Financial Group, Inc. (NASDAQ:MOFG) recorded EPS of $0.51. The reported numbers came lower than the analysts’ estimates of $0.59, demonstrating a miss of $-0.08 as against reported figures.

Shares of the MidWestOne Financial Group, Inc. (NASDAQ:MOFG) traded in the range of $27.78 to $28.94 and closed the last trading session at $28.93 on a volume of ((Volume:238}}.

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