Old National Bancorp Declares Quarterly Cash Dividends
Old National Bancorp (NASDAQ: ONB), a notable institution in the financial sector, has made an exciting announcement regarding its commitment to its shareholders. The company has declared a quarterly cash dividend of $0.14 per share, reflecting its ongoing dedication to delivering value to those who invest in its future.
Details of the Dividend Announcement
The declared quarterly cash dividend is set to be payable on December 15 to shareholders of record on December 5. This timely decision showcases Old National's robust financial health and its ability to distribute profits back to its investors, a testament to the company's strong performance in recent periods.
Preferred Stock Dividends
In addition to the common stock dividend, Old National’s Board has also declared a cash dividend of $17.50 per share on its 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A and Series C (NASDAQ: ONBPP, NASDAQ: ONBPO). These dividends will also be paid out on February 20, allowing preferred shareholders to enjoy an equitable return. The record date for this dividend is February 5, which sets the stage for eligible investors to partake in the company’s growth and stability.
About Old National Bancorp
Old National Bancorp stands as an influential player in the banking landscape, known for its exceptional service and rich history dating back to 1834. With a robust asset size nearing $71 billion and assets under management totaling approximately $38 billion, Old National ranks among the top banking institutions in the United States. The bank primarily serves clients in the Midwest and Southeast regions, providing a range of consumer and commercial banking services.
Community Engagement and Recognition
Old National Bancorp distinguishes itself not only through its financial services but also through its commitment to community engagement. In 2025, the company was honored as one of "The Civic 50," earning a prestigious spot among the 50 most community-minded companies in the nation. This recognition highlights Old National's dedication to fostering relationships and supporting the communities in which it operates.
Investor Relations at Old National
The commitment of Old National to its stakeholders goes beyond dividends; it emphasizes transparency and communication. Investors seeking insights can reach out to Lynell Durchholz at (812) 464-1366 for any inquiries related to investor relations. The company’s web portal offers comprehensive financial data and updates, ensuring that shareholders remain informed about the bank's performance and strategic direction.
Media Relations
For media inquiries, Rick Jillson can be contacted at (812) 465-7267. Old National welcomes questions and discussions about its initiatives and commitments, fostering an open line of communication with the public.
Frequently Asked Questions
What dividends has Old National Bancorp declared?
Old National has declared a quarterly cash dividend of $0.14 per share and a $17.50 per share dividend on its preferred stock.
When will the dividends be paid out?
The dividends for common stock will be paid on December 15, while preferred stock dividends are set for February 20.
How can I contact Old National Bancorp for investor relations?
Investors can contact Lynell Durchholz at (812) 464-1366 for inquiries related to investor relations.
What services does Old National offer?
Old National provides a range of services, including consumer and commercial banking and comprehensive wealth management solutions.
What sets Old National Bancorp apart?
Old National is recognized for its community focus and was named one of "The Civic 50," reflecting its commitment to making a positive impact.