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

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

Dividend History for MidWestOne Financial Group (NASDAQ:mofg)

Large investors have recently bought and sold shares of the stock. BlackRock Advisors LLC raised its stake in 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 valued at $115,000 after buying an additional 55 shares in the last quarter. American International Group Inc. raised its stake in 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 valued at $136,000 after buying an additional 140 shares in the last quarter. Nationwide Fund Advisors raised its stake in 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 valued at $152,000 after buying an additional 285 shares in the last quarter. Rhumbline Advisers raised its stake in MidWestOne Financial Group by 2.2% in the third quarter. Rhumbline Advisers now owns 9,238 shares of the financial services provider’s stock valued at $281,000 after buying an additional 200 shares in the last quarter. Finally, New York State Common Retirement Fund raised its stake in 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 valued at $328,000 after buying an additional 3,600 shares in the last quarter. Institutional investors and hedge funds own 20.20% of the company’s stock.

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

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MidWestOne Financial Group Company Profile

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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