Old National Bancorp announces quarterly cash dividend

Rhea-AI Summary

The Board of Directors of Old National Bancorp (ONB) declared a quarterly cash dividend of $0.14 per share, payable on December 15, 2021, to shareholders recorded by December 6, 2021. With an ex-dividend date of December 3, 2021, the annualized yield stands at 3.3% based on the closing price of $17.18 on October 27, 2021. Old National, holding $24.0 billion in assets, is recognized among the top 100 banking companies in the U.S.

Positive

• Quarterly cash dividend of $0.14 per share signals financial stability and confidence.
• Annualized dividend yield of 3.3% is attractive for shareholders.

Negative

• None.

News Market Reaction – ONB

+1.22%

1 alert

+1.22% News Effect

On the day this news was published, ONB gained 1.22%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

EVANSVILLE, Ind., Oct. 28, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) today declared a quarterly cash dividend of $0.14 per share on the Company’s outstanding shares of common stock. The dividend is payable December 15, 2021, to shareholders of record on December 6, 2021. For purposes of broker trading, the ex-dividend date is December 3, 2021. Based on Old National’s closing price of $17.18 on October 27, 2021, the quarterly dividend represents an annualized dividend yield of 3.3%.

ABOUT OLD NATIONAL

Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the largest bank holding company headquartered in Indiana. With $24.0 billion in assets, it ranks among the top 100 banking companies in the U.S. and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for ten consecutive years.  Since its founding in Evansville in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships and keeping our clients at the center of all we do. This is an approach to business that we call The ONB Way. Today, Old National’s footprint includes Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.

Media: Kathy A. Schoettlin (812) 465-7269
Investors: Lynell J. Walton (812) 464-1366

FAQ

What is the dividend payment date for Old National Bancorp (ONB)?

The dividend payment date for Old National Bancorp is December 15, 2021.

What is the amount of the dividend declared by ONB?

Old National Bancorp declared a dividend of $0.14 per share.

What is the ex-dividend date for Old National Bancorp's dividend?

The ex-dividend date for Old National Bancorp's dividend is December 3, 2021.

What is the annualized dividend yield for Old National Bancorp?

The annualized dividend yield for Old National Bancorp is 3.3%.