Old National Bancorp (NASDAQ:ONBPO) Trading Down 2.8% – Here’s Why

Old National Bancorp (NASDAQ:ONBPOGet Free Report) shares fell 2.8% during trading on Wednesday . The stock traded as low as $24.65 and last traded at $24.70. 62,088 shares traded 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 Trading Up 1.4 %

The firm’s 50 day simple moving average is $25.15 and its two-hundred day simple moving average is $25.19.

Old National Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Wednesday, February 5th will be paid a $0.4375 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.75 annualized dividend and a dividend yield of 6.99%.

About Old National Bancorp

(Get Free Report)

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.

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