Old National Bancorp Announces Quarterly Dividends
Old National Bancorp announced a quarterly cash dividend of $0.14 per share on its common stock, payable on June 17, 2024, to shareholders of record by June 5, 2024.
The Board also declared a quarterly dividend of $17.50 per share on its 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A and C, equivalent to $0.4375 per depositary share, payable on August 20, 2024, to shareholders of record by August 5, 2024.
Old National Bancorp, with $53 billion in assets and $29 billion under management, ranks among the top 30 U.S. banking companies.
- Declared quarterly cash dividend of $0.14 per share on common stock.
- Declared quarterly dividend of $17.50 per share on 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock Series A and C.
- Dividend on common stock is payable on June 17, 2024.
- Dividend on preferred stock is payable on August 20, 2024.
- Old National Bancorp ranks among the top 30 banking companies in the U.S.
- Company has $53 billion in assets and $29 billion under management.
- Quarterly dividend of $0.14 per share on common stock might be considered modest by some investors.
- Non-Cumulative Preferred Stock dividends not guaranteed if the company faces financial difficulties.
EVANSVILLE, Ind., May 15, 2024 (GLOBE NEWSWIRE) -- Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) today announced that its Board of Directors declared a quarterly cash dividend of
In addition, the Board of Directors declared a quarterly cash dividend of
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank, which is the sixth largest commercial bank headquartered in the Midwest. With approximately
Investor Relations:
Lynell Durchholz
(812) 464-1366
lynell.durchholz@oldnational.com
Media Relations:
Kathy Schoettlin
(812) 465-7269
kathy.schoettlin@oldnational.com
