Old National Bancorp (NASDAQ:ONBPO) Trading 1.5% Higher

Old National Bancorp (NASDAQ:ONBPO)’s share price was up 1.5% on Monday . The stock traded as high as $25.02 and last traded at $24.98. Approximately 6,461 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 12,727 shares. The stock had previously closed at $24.61.

Old National Bancorp Stock Up 1.5 %

The company has a fifty day moving average of $24.88 and a two-hundred day moving average of $24.36.

Old National Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 20th. Investors of record on Sunday, May 5th will be issued a $0.4375 dividend. This represents a $1.75 annualized dividend and a yield of 7.01%. The ex-dividend date is Thursday, May 2nd.

Hedge Funds Weigh In On Old National Bancorp

A hedge fund recently bought a new stake in Old National Bancorp stock. Thompson Investment Management Inc. bought a new stake in shares of Old National Bancorp (NASDAQ:ONBPO) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $51,000.

Old National Bancorp Company Profile

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.