Old National Bancorp (NASDAQ:ONBPO) Trading Down 1.8% – Here’s Why

Old National Bancorp (NASDAQ:ONBPOGet Free Report)’s share price traded down 1.8% during mid-day trading on Wednesday . The stock traded as low as $24.73 and last traded at $24.75. Approximately 18,413 shares were traded during mid-day trading, an increase of 168% from the average session volume of 6,880 shares. The stock had previously closed at $25.20.

Old National Bancorp Stock Down 0.2%

The business’s fifty day moving average is $24.95 and its 200-day moving average is $25.00.

Old National Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 5th will be given a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Wednesday, August 5th.

About Old National Bancorp

(Get Free Report)

Old National Bancorp, headquartered in Evansville, Indiana, is a regional financial services holding company and the parent of Old National Bank. Established in 1834, the institution ranks among the longest-serving banks in the Midwest and provides a comprehensive range of banking solutions. Its core offerings include deposit accounts, consumer and small business lending, commercial real estate financing, and treasury and cash management services.

Beyond traditional banking, Old National Bancorp delivers wealth management and trust services, retirement planning, investment advisory, and specialty insurance products through its subsidiaries.

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