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


As per MidWestOne Financial Group, Inc. (NASDAQ:MOFG) statement on 2016-07-25, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.16 per share as dividend to stakeholders. The record date is set as 2016-09-01, the payout date as 2016-09-15 and the ex-dividend date is 2016-08-30.

Last fiscal MidWestOne Financial Group, Inc. (NASDAQ:MOFG) disbursed cash dividend of $0.16. A year ago, the payout was $0.16, which indicates a difference of 3.4483%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.16, implying 24.5731% growth.

For the period ended on 2015-12-31, MidWestOne Financial Group, Inc. (NASDAQ:MOFG)’s earnings came at $0.51 per share compared to EPS of $0.68 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $0.58 per share.

The interim price target for MidWestOne Financial Group, Inc. (NASDAQ:MOFG) is set at $31.333. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for MidWestOne Financial Group, Inc. (NASDAQ:MOFG) is seen at $32 and the lowest level is established at $30. This broad range highlights a standard deviation of $1.154 in reported estimates.

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