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, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.
Old National Bancorp Dividend Announcement
• Old National Bancorp announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-09-05
• Old National Bancorp annual dividend for 2024 was $0.42
• Old National Bancorp annual dividend for 2023 was $0.56
• Old National Bancorp's trailing twelve-month (TTM) dividend yield is 3.7%
• Old National Bancorp's payout ratio for the trailing twelve months (TTM) is 36.20%
• Old National Bancorp's dividend growth over the last five years (2018-2023) was 1.49% year
• Old National Bancorp's dividend growth over the last ten years (2013-2023) was 3.42% year
Old National Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | $0.14 | quarterly | 2024-09-16 |
2024-06-05 | $0.14 | quarterly | 2024-06-17 |
2024-03-04 | $0.14 | quarterly | 2024-03-15 |
2023-11-30 | $0.14 | quarterly | 2023-12-15 |
2023-08-31 | $0.14 | quarterly | 2023-09-15 |
2023-05-31 | $0.14 | quarterly | 2023-06-15 |
2023-02-28 | $0.14 | quarterly | 2023-03-15 |
2022-11-30 | $0.14 | quarterly | 2022-12-15 |
2022-08-31 | $0.14 | quarterly | 2022-09-15 |
2022-05-31 | $0.14 | quarterly | 2022-06-15 |
2022-03-03 | $0.14 | quarterly | 2022-03-15 |
2021-12-03 | $0.14 | quarterly | 2021-12-15 |
2021-08-31 | $0.14 | quarterly | 2021-09-15 |
2021-05-28 | $0.14 | quarterly | 2021-06-15 |
2021-02-26 | $0.14 | quarterly | 2021-03-15 |
2020-11-30 | $0.14 | quarterly | 2020-12-15 |
2020-08-31 | $0.14 | quarterly | 2020-09-15 |
2020-05-29 | $0.14 | quarterly | 2020-06-15 |
2020-02-28 | $0.14 | quarterly | 2020-03-16 |
2019-11-29 | $0.13 | quarterly | 2019-12-16 |
2019-08-30 | $0.13 | quarterly | 2019-09-17 |
2019-05-31 | $0.13 | quarterly | 2019-06-17 |
2019-02-28 | $0.13 | quarterly | 2019-03-15 |
2018-11-30 | $0.13 | quarterly | 2018-12-17 |
2018-08-31 | $0.13 | quarterly | 2018-09-18 |
2018-05-31 | $0.13 | quarterly | 2018-06-15 |
2018-02-28 | $0.13 | quarterly | 2018-03-15 |
2017-11-30 | $0.13 | quarterly | 2017-12-15 |
2017-08-30 | $0.13 | quarterly | 2017-09-15 |
2017-05-30 | $0.13 | quarterly | 2017-06-15 |
2017-02-27 | $0.13 | quarterly | 2017-03-15 |
2016-11-29 | $0.13 | quarterly | 2016-12-15 |
2016-08-30 | $0.13 | quarterly | 2016-09-16 |
2016-05-27 | $0.13 | quarterly | 2016-06-15 |
2016-02-26 | $0.13 | quarterly | 2016-03-15 |
2015-11-27 | $0.12 | quarterly | 2015-12-15 |
2015-08-28 | $0.12 | quarterly | 2015-09-15 |
2015-05-28 | $0.12 | quarterly | 2015-06-15 |
2015-02-26 | $0.12 | quarterly | 2015-03-16 |
2014-11-26 | $0.11 | quarterly | 2014-12-15 |
2014-08-28 | $0.11 | quarterly | 2014-09-16 |
2014-05-29 | $0.11 | quarterly | 2014-06-16 |
2014-02-27 | $0.11 | quarterly | 2014-03-17 |
2013-11-27 | $0.10 | quarterly | 2013-12-16 |
2013-08-29 | $0.10 | quarterly | 2013-09-17 |
2013-05-30 | $0.10 | quarterly | 2013-06-17 |
2013-02-27 | $0.10 | quarterly | 2013-03-15 |
Old National Bancorp Dividend per year
Old National Bancorp Dividend growth
Old National Bancorp Dividend Yield
Old National Bancorp current trailing twelve-month (TTM) dividend yield is 3.7%. Interested in purchasing Old National Bancorp stock? Use our calculator to estimate your expected dividend yield:
Old National Bancorp Financial Ratios
Old National Bancorp Dividend FAQ
Other factors to consider when evaluating Old National Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Old National Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Old National Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Old National Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Old National Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Old National Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Old National Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Old National Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Old National Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Old National Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.