Old National Bancorp (NASDAQ:ONBPO) Trading Up 0.1% – Here’s Why

Old National Bancorp (NASDAQ:ONBPO) shot up 0.1% during mid-day trading on Tuesday . The stock traded as high as $25.00 and last traded at $25.00. Approximately 3,393 shares traded hands during trading, a decline of 52% from the average daily volume of 7,057 shares. The stock had previously closed at $24.97.

Old National Bancorp Price Performance

The business’s 50 day simple moving average is $24.88 and its 200 day simple moving average is $25.01.

Old National Bancorp Dividend Announcement

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

About Old National Bancorp

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.