Old National Bancorp (NASDAQ:ONBPP) Shares Down 0.1% – Here’s Why

Old National Bancorp (NASDAQ:ONBPP)’s share price fell 0.1% during mid-day trading on Friday . The company traded as low as $25.02 and last traded at $25.07. 2,395 shares were traded during mid-day trading, a decline of 62% from the average session volume of 6,222 shares. The stock had previously closed at $25.10.

Old National Bancorp Price Performance

The business’s 50-day moving average is $25.12 and its 200 day moving average is $25.16.

Old National Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Thursday, February 5th will be issued a $0.4375 dividend. The ex-dividend date is Thursday, February 5th. This represents a $1.75 annualized dividend and a dividend yield of 7.0%.

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.