MidWestOne Financial Group Inc. (NASDAQ:mofg) declared a quarterly dividend on Thursday, October 13th. Shareholders of record on Thursday, December 1st will be given a dividend of 0.16 per share by the financial services provider on Thursday, December 15th. This represents a $0.64 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Tuesday, November 29th.

MidWestOne Financial Group (NASDAQ:MOFG) opened at 34.30 on Thursday. The firm has a market capitalization of $392.22 million, a PE ratio of 15.86 and a beta of 1.25. The firm has a 50-day moving average price of $31.32 and a 200-day moving average price of $29.82. MidWestOne Financial Group has a 1-year low of $24.71 and a 1-year high of $35.32.

Dividend History for MidWestOne Financial Group (NASDAQ:mofg)

A number of large investors have recently added to or reduced their stakes in MOFG. BlackRock Advisors LLC boosted its position in shares of MidWestOne Financial Group by 1.4% in the second quarter. BlackRock Advisors LLC now owns 4,016 shares of the financial services provider’s stock worth $115,000 after buying an additional 55 shares during the last quarter. American International Group Inc. boosted its position in shares of MidWestOne Financial Group by 3.0% in the second quarter. American International Group Inc. now owns 4,751 shares of the financial services provider’s stock worth $136,000 after buying an additional 140 shares during the last quarter. Nationwide Fund Advisors boosted its position in shares of MidWestOne Financial Group by 5.7% in the second quarter. Nationwide Fund Advisors now owns 5,328 shares of the financial services provider’s stock worth $152,000 after buying an additional 285 shares during the last quarter. Rhumbline Advisers boosted its position in shares of MidWestOne Financial Group by 2.2% in the third quarter. Rhumbline Advisers now owns 9,238 shares of the financial services provider’s stock worth $281,000 after buying an additional 200 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its position in shares of MidWestOne Financial Group by 50.0% in the third quarter. New York State Common Retirement Fund now owns 10,800 shares of the financial services provider’s stock worth $328,000 after buying an additional 3,600 shares during the last quarter. Hedge funds and other institutional investors own 20.20% of the company’s stock.

Separately, Zacks Investment Research cut MidWestOne Financial Group from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd.

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About MidWestOne Financial Group

MidWestOne Financial Group, Inc is a bank holding and financial holding company. The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc MidWestOne Bank and Central Bank provide service retail banking in the communities in which their respective branch offices are located.

5 Day Chart for NASDAQ:MOFG

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