Old National Bancorp announces quarterly cash dividend

Rhea-AI Summary

Old National Bancorp (NASDAQ: ONB) has declared a quarterly cash dividend of $0.14 per share on its outstanding common stock. This dividend will be payable on September 15, 2021, to shareholders of record as of September 1, 2021. The ex-dividend date is August 31, 2021. With a closing price of $16.24 on July 28, 2021, this translates to an annualized dividend yield of 3.4%. Old National is the largest bank holding company in Indiana, boasting $23.7 billion in assets and recognized as a World’s Most Ethical Company.

Positive

• Quarterly cash dividend of $0.14 per share announced.
• Annualized dividend yield of 3.4% enhances shareholder value.
• Old National Bancorp recognized for ethical business practices for ten consecutive years.

Negative

• None.

EVANSVILLE, Ind., July 29, 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 September 15, 2021, to shareholders of record on September 1, 2021. For purposes of broker trading, the ex-dividend date is August 31, 2021. Based on Old National’s closing price of $16.24 on July 28, 2021, the quarterly dividend represents an annualized dividend yield of 3.4%.

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 $23.7 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 amount declared by Old National Bancorp?

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

When is the dividend payable for Old National Bancorp?

The dividend is payable on September 15, 2021.

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

The ex-dividend date is August 31, 2021.

What is the current annualized dividend yield for Old National Bancorp?

The annualized dividend yield is 3.4%, based on the closing price of $16.24.