{"id":386078,"date":"2020-11-20T11:02:40","date_gmt":"2020-11-20T16:02:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386078"},"modified":"2020-11-20T11:02:40","modified_gmt":"2020-11-20T16:02:40","slug":"first-midwest-bancorp-inc-declares-dividends-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-midwest-bancorp-inc-declares-dividends-2\/","title":{"rendered":"First Midwest Bancorp, Inc. Declares Dividends"},"content":{"rendered":"
\n

CHICAGO, Nov. 20, 2020 (GLOBE NEWSWIRE) — First Midwest Bancorp, Inc. (the \u201cCompany\u201d or \u201cFirst Midwest\u201d), today announced that its Board of Directors declared a quarterly cash dividend of $0.14\u00a0per share on the Company\u2019s common stock. This quarterly cash dividend will be payable on January\u00a012, 2021 to common stockholders of record on December\u00a018, 2020 and will represent the 152nd<\/sup> consecutive cash dividend paid by First Midwest since its inception in 1983.<\/p>\n

The Board of Directors also declared a quarterly cash dividend of $17.50\u00a0per share (equivalent to $0.4375\u00a0per depositary share or 1\/40th<\/sup> interest per share) on First Midwest\u2019s 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series\u00a0A (NASDAQ:\u00a0FMBIP) and Series\u00a0C (NASDAQ:\u00a0FMBIO). The dividends are payable on February\u00a020, 2021 to stockholders of record as of the close of business on February\u00a05, 2021.<\/p>\n

\n About First Midwest<\/strong>\n <\/p>\n

First Midwest (NASDAQ: FMBI) is a relationship-focused financial institution and one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $21\u00a0billion of assets and an additional $13\u00a0billion of assets under management. First Midwest Bank and First Midwest\u2019s other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. First Midwest operates branches and other locations throughout metropolitan Chicago, southeast Wisconsin, northwest Indiana, eastern Iowa and other markets in the Midwest. Visit First Midwest at www.firstmidwest.com<\/em>.<\/p>\n\n\n\n\n
\n C<\/strong>
\n ontacts<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Investors:<\/strong>
\n
Patrick S. Barrett
EVP, Chief Financial Officer
708.831.7231
pat.barrett@firstmidwest.com<\/td>\n		\n Media:<\/strong>
\n
Maurissa Kanter
SVP, Director of Corporate Communications
708.831.7345
maurissa.kanter@firstmidwest.com<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

CHICAGO, Nov. 20, 2020 (GLOBE NEWSWIRE) — First Midwest Bancorp, Inc. (the \u201cCompany\u201d or \u201cFirst Midwest\u201d), today announced that its Board of Directors declared a quarterly cash dividend of $0.14\u00a0per share on the Company\u2019s common stock. This quarterly cash dividend will be payable on January\u00a012, 2021 to common stockholders of record on December\u00a018, 2020 and will represent the 152nd consecutive cash dividend paid by First Midwest since its inception in 1983. The Board of Directors also declared a quarterly cash dividend of $17.50\u00a0per share (equivalent to $0.4375\u00a0per depositary share or 1\/40th interest per share) on First Midwest\u2019s 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series\u00a0A (NASDAQ:\u00a0FMBIP) and Series\u00a0C (NASDAQ:\u00a0FMBIO). The dividends are payable on February\u00a020, 2021 to stockholders of record … <\/p>\n

Continue reading “First Midwest Bancorp, Inc. Declares Dividends”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386078","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFirst Midwest Bancorp, Inc. Declares Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-midwest-bancorp-inc-declares-dividends-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Midwest Bancorp, Inc. 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