Old National Bancorp (NASDAQ:ONBPP) Shares Down 0.6% – What’s Next?

Old National Bancorp (NASDAQ:ONBPP) was down 0.6% during mid-day trading on Friday . The stock traded as low as $24.75 and last traded at $24.76. Approximately 4,752 shares traded hands during trading, a decline of 65% from the average daily volume of 13,497 shares. The stock had previously closed at $24.90.

Old National Bancorp Stock Performance

The company’s 50 day moving average is $24.87 and its 200-day moving average is $25.03.

Old National Bancorp Dividend Announcement

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 paid a dividend of $0.4375 per share. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $1.75 annualized dividend and a yield of 7.1%.

About Old National Bancorp

Old National Bancorp is a bank holding company headquartered in Evansville, Indiana, operating through its primary subsidiary, Old National Bank. The company offers a comprehensive range of financial services designed to meet the needs of both individual and business clients. Its core activities include commercial and consumer banking, mortgage lending, and treasury management solutions.

In addition to traditional deposit and lending products, Old National Bancorp provides wealth management and trust services through a dedicated team of financial advisors.