Old National Bancorp (NASDAQ:ONBPO) Shares Down 2.8% – What’s Next?

Shares of Old National Bancorp (NASDAQ:ONBPO) traded down 2.8% during trading on Wednesday . The company traded as low as $24.65 and last traded at $24.70. 62,088 shares changed hands during mid-day trading, an increase of 696% from the average session volume of 7,799 shares. The stock had previously closed at $25.41.

Old National Bancorp Stock Down 2.8 %

The business’s 50 day moving average price is $25.16 and its two-hundred day moving average price is $25.19.

Old National Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Wednesday, February 5th will be given a $0.4375 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.75 dividend on an annualized basis and a yield of 7.09%.

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.