MidWestOne Financial Group, Inc.

NasdaqGS:MOFG Stock Report

Market Cap: US$336.3m

MidWestOne Financial Group Dividend

Dividend criteria checks 4/6

MidWestOne Financial Group is a dividend paying company with a current yield of 4.54% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 3rd June, 2024.

Key information

4.5%

Dividend yield

67%

Payout ratio

Industry average yield3.0%
Next dividend pay date17 Jun 24
Ex dividend date03 Jun 24
Dividend per sharen/a
Earnings per shareUS$1.44
Dividend yield forecast in 3Y4.6%

Recent dividend updates

MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425

Apr 30
MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Jan 30
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Recent updates

MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425

Apr 30
MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Jan 30
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Nov 21
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Oct 31
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

Aug 28
MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425

Aug 04
MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425

MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year

May 02
MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year

MidWestOne Financial Group (NASDAQ:MOFG) Is Paying Out A Larger Dividend Than Last Year

Feb 01
MidWestOne Financial Group (NASDAQ:MOFG) Is Paying Out A Larger Dividend Than Last Year

Industry Analysts Just Made A Captivating Upgrade To Their MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Revenue Forecasts

Nov 03
Industry Analysts Just Made A Captivating Upgrade To Their MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Revenue Forecasts

MidWestOne names Charles N. Reeves as new CEO

Oct 19

MidWestOne Financial declares $0.2375 dividend

Jul 25

MidWestOne Financial Group (NASDAQ:MOFG) Has Announced That It Will Be Increasing Its Dividend To US$0.24

May 26
MidWestOne Financial Group (NASDAQ:MOFG) Has Announced That It Will Be Increasing Its Dividend To US$0.24

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Larger Dividend Than Last Year At US$0.24

May 06
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Larger Dividend Than Last Year At US$0.24

MidWestOne Financial Group (NASDAQ:MOFG) Has Re-Affirmed Its Dividend Of US$0.23

Oct 28
MidWestOne Financial Group (NASDAQ:MOFG) Has Re-Affirmed Its Dividend Of US$0.23

MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of US$0.23

Jul 26
MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of US$0.23

MidWestOne Financial goes ex-dividend tomorrow

May 27

Shareholders May Be A Little Conservative With MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) CEO Compensation For Now

Apr 24
Shareholders May Be A Little Conservative With MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) CEO Compensation For Now

Upcoming Dividend Payment

TodayMay 05 2024Ex Dividend DateJun 03 2024Dividend Pay DateJun 17 202414 days from Ex DividendBuy in the next 28 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MOFG's dividends per share have been stable in the past 10 years.

Growing Dividend: MOFG's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

MidWestOne Financial Group Dividend Yield vs Market
How does MOFG dividend yield compare to the market?
SegmentDividend Yield
Company (MOFG)4.5%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (MOFG)4.6%

Notable Dividend: MOFG's dividend (4.54%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: MOFG's dividend (4.54%) is low compared to the top 25% of dividend payers in the US market (4.72%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (67%), MOFG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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