Old National Bancorp (NASDAQ:ONBPO) Shares Down 0.4% – Should You Sell?

Old National Bancorp (NASDAQ:ONBPO)’s stock price dropped 0.4% during mid-day trading on Monday . The company traded as low as $24.81 and last traded at $24.91. Approximately 6,969 shares were traded during trading, an increase of 2% from the average session volume of 6,840 shares. The stock had previously closed at $25.02.

Old National Bancorp Stock Down 0.4%

The company has a fifty day simple moving average of $24.93 and a 200 day simple moving average of $25.04.

Old National Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 5th will be given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Wednesday, August 5th.

Old National Bancorp Company Profile

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.