Old National Bancorp Announces Quarterly Dividends

ONBNASDAQOld National Bancorp·May 13, 2026, 08:46 PM·Benzinga

Impact

(Medium)

Sentiment

(Positive)

Stonvex AI Summary

Old National Bancorp announced quarterly cash dividends of $0.145 per share on common stock (payable June 15, 2026) and $17.50 per share on preferred stock Series A and C (payable August 20, 2026). The Midwest-based bank with approximately $73 billion in assets continues its regular dividend distributions to shareholders.

Positive

■Consistent dividend payments demonstrate the bank's commitment to returning capital to shareholders and financial stability
■Strong asset base of $73 billion indicates a well-capitalized institution capable of sustaining dividend payments
■Regular quarterly dividends provide reliable income stream for income-focused investors

Negative

■Preferred stock dividend of $17.50 per share represents a high fixed obligation that could pressure earnings if interest rates decline
■No information on dividend growth or changes year-over-year; static dividends may lag inflation

Original excerpt

Old National Bancorp announced quarterly cash dividends of $0.145 per share on common stock, payable June 15, 2026, and $17.50 per share on preferred stock Series A and C, payable August 20, 2026. The Midwest-based bank, with approximately $73 billion in assets, continues its dividend distribution to shareholders.

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Summary and sentiment are generated by AI for educational purposes. Always verify with the original source before making investment decisions.