Old National Bancorp Declares Cash Dividends
Old National Bancorp, the holding company of Old National Bank, has recently made an important announcement regarding its quarterly dividends. The Board of Directors has officially declared a cash dividend of $0.14 per share on the Company’s outstanding shares of common stock. This move underlines the company’s commitment to rewarding its shareholders and promoting financial inclusivity.
Details of the Quarterly Dividend
The declared dividend is scheduled to be payable on the upcoming date, providing an incentive for current shareholders. Those who hold shares as of the specified record date will be entitled to this payment. Additionally, Old National has also announced a substantial dividend of $17.50 per share on its 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, which reflects the company's strong financial position.
Preferred Stock Dividend Information
The preferred stock dividends, equivalent to $0.4375 per depositary share or a 1/40th interest per share, demonstrates the company's ongoing commitment to its investors, ensuring stability and appealing returns for those investing in Old National’s preferred equity. Shareholders of record will receive their dividends on the designated date, reinforcing the value Old National places on their investments.
About Old National Bancorp
Established in 1834, Old National Bancorp has evolved into the sixth largest commercial bank headquartered in the Midwest. With a substantial asset base and a significant presence in the region, the company serves a large clientele across various sectors. Old National is proud to rank among the top banking institutions in the United States, offering an array of services that extend beyond traditional banking.
Commitment to Community and Clients
Old National Bancorp focuses on building meaningful relationships with its clients while actively contributing to its communities. The company's dedication was further recognized in 2025 when it was named one of "The Civic 50," an acknowledgment of its commitment to social responsibility and civic engagement. Through its various offerings, including consumer banking, commercial banking, wealth management, and capital markets, Old National strives to deliver exceptional service tailored to its clients' needs.
Strengthening Financial Partnerships
By declaring these dividends, Old National Bancorp continues to demonstrate its focus on creating value for its shareholders and reinforcing its financial foundation. The agility and resilience shown by Old National in navigating the complex landscape of banking are commendable, and the quarterly dividends reflect its financial well-being and future growth potential.
Investor Relations and Support
For investors seeking more information, Old National provides a dedicated Investor Relations team available to answer questions and provide updates on company performance. Lynell Durchholz, reachable at (812) 464-1366, is available to assist, as well as the media relations contact, Rick Jillson, who can be reached at (812) 465-7267.
Frequently Asked Questions
What is the amount of the quarterly dividend declared by Old National Bancorp?
The Board of Directors declared a quarterly cash dividend of $0.14 per share.
When is the dividend payout date?
The dividend will be payable on the upcoming date to shareholders of record as of the specified record date.
What types of stock are the dividends based on?
The dividend is declared on both common stock and on the 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock.
What is Old National Bancorp’s commitment to the community?
Old National Bancorp is dedicated to community service, as evidenced by its recognition as one of "The Civic 50" companies.
How can investors contact Old National for further information?
Investors can reach Lynell Durchholz at (812) 464-1366 or contact media relations through Rick Jillson at (812) 465-7267.
