MidWestOne Financial Group, Inc. Buyback
OLI recorded this information on 10/17/2018
Company:
MidWestOne Financial Group, Inc.
Buyback:
MOFG buyback
$Amount Authorized:
$5,000,000
Buyback Details:
MidWestOne Financial Group, Inc. (Nasdaq: MOFG), parent company of MidWestOne Bank, today announced that on October 16, 2018, the Company's Board of Directors declared a cash dividend of $0.195 per common share, which is the same as the dividend paid in the three prior quarters. The dividend is payable December 17, 2018 to shareholders of record at the close of business on December 1, 2018. At this quarterly rate, the indicated annual cash dividend is equal to $0.78 per common share. MidWestOne Financial Group, Inc. (Nasdaq: MOFG), parent company of MidWestOne Bank, today announced that on October 16, 2018, the Company's Board of Directors declared a cash dividend of $0.195 per common share, which is the same as the dividend paid in the three prior quarters. The dividend is payable December 17, 2018 to shareholders of record at the close of business on December 1, 2018. At this quarterly rate, the indicated annual cash dividend is equal to $0.78 per common share.
MidWestOne Financial Group is a bank holding company. Through its subsidiary, MidWestOne Bank (Bank), Co. 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 Co.'s loan and deposit products, the Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, automated teller machines, and safe deposit boxes.
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Buy (2.80 out of 4) 17th percentile
(ranked lower than approx. 83% of all stocks covered)
Analysts' Target Price: MOFG Stock Forecast Based on Zacks ABR data; powered by Xignite |