Old National Bancorp (NASDAQ:ONBPO) Stock Price Down 1.8% – Time to Sell?

Old National Bancorp (NASDAQ:ONBPO)’s stock price dropped 1.8% during mid-day trading on Wednesday . The company traded as low as $24.73 and last traded at $24.75. Approximately 18,413 shares traded hands during mid-day trading, an increase of 168% from the average daily volume of 6,880 shares. The stock had previously closed at $25.20.

Old National Bancorp Stock Performance

The firm has a 50-day moving average of $24.95 and a 200 day moving average of $25.00.

Old National Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 5th will be paid a $0.4375 dividend. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $1.75 annualized dividend and a yield of 7.1%.

Old National Bancorp Company Profile

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.