Old National Bancorp Plans Quarterly Dividend of $0.44 (NASDAQ:ONBPP)

Old National Bancorp (NASDAQ:ONBPP) announced a quarterly dividend on Friday, November 15th,Wall Street Journal reports. Investors of record on Wednesday, February 5th will be paid a dividend of 0.4375 per share on Thursday, February 20th. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date is Wednesday, February 5th.

Old National Bancorp Price Performance

Shares of Old National Bancorp stock traded down $0.24 during mid-day trading on Friday, hitting $25.05. 913 shares of the stock were exchanged, compared to its average volume of 5,748. The company has a 50-day simple moving average of $25.46 and a 200 day simple moving average of $25.15. Old National Bancorp has a twelve month low of $22.93 and a twelve month high of $26.35.

About Old National Bancorp

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing.