Old Second Bancorp (NASDAQ: OSBC) declares $0.07 cash dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Old Second Bancorp, Inc. announced that its Board of Directors declared a cash dividend of $0.07 per share of common stock. The dividend will be paid on May 11, 2026 to stockholders of record as of May 1, 2026. This reflects a routine cash return to shareholders.
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Negative
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Key Figures
Cash dividend per share: $0.07 per share
Dividend record date: May 1, 2026
Dividend payment date: May 11, 2026
3 metrics
Cash dividend per share
$0.07 per share
Dividend on common stock declared by Board
Dividend record date
May 1, 2026
Shareholders of record eligible for $0.07 dividend
Dividend payment date
May 11, 2026
Scheduled payment date for $0.07 cash dividend
Key Terms
cash dividend, stockholders of record, Emerging growth company, Other Events
4 terms
cash dividend financial
"declared a cash dividend of $0.07 per share payable on May 11, 2026"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
stockholders of record financial
"payable on May 11, 2026, to stockholders of record as of May 1, 2026"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Other Events regulatory
"Item 8.01 Other Events On April 21, 2026, the Registrant’s Board"
FAQ
What dividend did Old Second Bancorp (OSBC) declare in this 8-K?
Old Second Bancorp declared a cash dividend of $0.07 per share of common stock. This dividend represents a direct cash payment to shareholders based on the number of shares they own on the applicable record date.
When is the record date for Old Second Bancorp (OSBC) $0.07 dividend?
The record date for Old Second Bancorp’s $0.07 per share dividend is May 1, 2026. Shareholders listed on the company’s books at the close of that day will be eligible to receive the upcoming cash dividend payment.
When will Old Second Bancorp (OSBC) pay the $0.07 cash dividend?
Old Second Bancorp will pay the $0.07 per share cash dividend on May 11, 2026. Eligible investors are those who are stockholders of record on May 1, 2026, as specified in the company’s disclosure.
What type of event is disclosed in Old Second Bancorp (OSBC) April 21, 2026 filing?
The filing reports an “Other Events” item where the Board of Directors declared a $0.07 per share cash dividend. This is a corporate action relating to shareholder returns rather than an earnings release or major transaction.
