Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services. It provides demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificate of deposit accounts. The company also offers commercial loans; lease financing receivables; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage and second mortgage loans; home equity line of credit; consumer loans, including motor vehicle, home improvement, and signature loans; installment and agricultural loans; residential mortgages; and overdraft checking. Further, it provides safe deposit services; trust and wealth management services; and money orders, cashier's checks, foreign currency, direct deposits, discount brokerage, debit and credit cards, and other services, as well as acquires the U.S. treasury notes and bonds. In addition, the company offers online and mobile banking; corporate cash management products, including remote and mobile deposits capture, investment sweep accounts, zero balance accounts, automated tax payments, automatic teller machines access, telephone banking, lockbox accounts, automated clearing house transactions, account reconciliation, controlled disbursement, detail and general information reporting, foreign and domestic wire transfers, and vault services for currency and coin; and investment, agency, and custodial services for individual, corporate, and not-for-profit clients. It operates through 63 banking centers in Cook, DeKalb, DuPage, Kane, Kendall, LaSalle, and Will counties in Illinois. Old Second Bancorp, Inc. was incorporated in 1981 and is headquartered in Aurora, Illinois.
Oldcond Bancorp Dividend Announcement
• Oldcond Bancorp announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-11-04. Ex dividend date: 2024-10-25
• Oldcond Bancorp annual dividend for 2024 was $0.21
• Oldcond Bancorp annual dividend for 2023 was $0.20
• Oldcond Bancorp's trailing twelve-month (TTM) dividend yield is 1.13%
• Oldcond Bancorp's payout ratio for the trailing twelve months (TTM) is 10.61%
• Oldcond Bancorp's dividend growth over the last five years (2018-2023) was 37.97% year
Oldcond Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-25 | $0.06 | quarterly | 2024-11-04 |
| 2024-07-26 | $0.05 | quarterly | 2024-08-05 |
| 2024-04-25 | $0.05 | quarterly | 2024-05-06 |
| 2024-01-25 | $0.05 | quarterly | 2024-02-05 |
| 2023-10-26 | $0.05 | quarterly | 2023-11-06 |
| 2023-07-27 | $0.05 | quarterly | 2023-08-07 |
| 2023-04-27 | $0.05 | quarterly | 2023-05-08 |
| 2023-01-26 | $0.05 | quarterly | 2023-02-06 |
| 2022-10-27 | $0.05 | quarterly | 2022-11-07 |
| 2022-07-28 | $0.05 | quarterly | 2022-08-08 |
| 2022-04-28 | $0.05 | quarterly | 2022-05-09 |
| 2022-01-27 | $0.05 | quarterly | 2022-02-07 |
| 2021-10-28 | $0.05 | quarterly | 2021-11-08 |
| 2021-07-29 | $0.05 | quarterly | 2021-08-09 |
| 2021-04-29 | $0.05 | quarterly | 2021-05-10 |
| 2021-01-28 | $0.01 | quarterly | 2021-02-08 |
| 2020-10-29 | $0.01 | quarterly | 2020-11-09 |
| 2020-07-30 | $0.01 | quarterly | 2020-08-10 |
| 2020-04-30 | $0.01 | quarterly | 2020-05-11 |
| 2020-01-30 | $0.01 | quarterly | 2020-02-10 |
| 2019-10-24 | $0.01 | quarterly | 2019-11-04 |
| 2019-07-25 | $0.01 | quarterly | 2019-08-05 |
| 2019-04-25 | $0.01 | quarterly | 2019-05-06 |
| 2019-01-24 | $0.01 | quarterly | 2019-02-04 |
| 2018-10-25 | $0.01 | quarterly | 2018-11-05 |
| 2018-07-26 | $0.01 | quarterly | 2018-08-06 |
| 2018-04-26 | $0.01 | quarterly | 2018-05-07 |
| 2018-01-25 | $0.01 | quarterly | 2018-02-05 |
| 2017-10-26 | $0.01 | quarterly | 2017-11-06 |
| 2017-07-26 | $0.01 | quarterly | 2017-08-07 |
| 2017-04-26 | $0.01 | quarterly | 2017-05-08 |
| 2017-01-25 | $0.01 | quarterly | 2017-02-06 |
| 2016-10-26 | $0.01 | quarterly | 2016-11-07 |
| 2016-07-27 | $0.01 | quarterly | 2016-08-09 |
| 2016-04-27 | $0.01 | quarterly | 2016-05-09 |
| 2010-06-23 | $0.01 | quarterly | 2010-07-08 |
| 2010-03-24 | $0.01 | quarterly | 2010-04-06 |
| 2009-12-23 | $0.01 | quarterly | 2010-01-18 |
| 2009-09-23 | $0.01 | quarterly | 2009-10-05 |
| 2009-06-24 | $0.04 | quarterly | 2009-07-07 |
| 2009-03-25 | $0.04 | quarterly | 2009-04-07 |
| 2008-12-23 | $0.16 | quarterly | 2009-01-06 |
| 2008-09-24 | $0.16 | quarterly | 2008-10-06 |
| 2008-06-25 | $0.16 | quarterly | 2008-07-08 |
| 2008-03-26 | $0.15 | quarterly | 2008-04-08 |
Oldcond Bancorp Dividend per year
Oldcond Bancorp Dividend growth
Oldcond Bancorp Dividend Yield
Oldcond Bancorp current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing Oldcond Bancorp stock? Use our calculator to estimate your expected dividend yield:
Oldcond Bancorp Financial Ratios
P/E ratio9.84
PEG ratio-0.33
P/B ratio1.26
ROE13.75%
Payout ratio10.61%
Current ratio3.74
Quick ratio3.74
Cash Ratio0.35
Oldcond Bancorp Dividend FAQ
How much is the next Oldcond Bancorp dividend?
Oldcond Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Oldcond Bancorp dividend. The next Oldcond Bancorp dividend will be released in January, April, July, or October.
When is Oldcond Bancorp dividend paid?
Oldcond Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Oldcond Bancorp pay?
The specific amount of Oldcond Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Oldcond Bancorp's dividend history.
Does Oldcond Bancorp stock pay dividends?
Yes, Oldcond Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Oldcond Bancorp's dividend history.
How much dividend does Oldcond Bancorp pay?
Oldcond Bancorp paid $0.21 in 2024, $0.2 in 2023, $0.2 in 2022, $0.16 in 2021, and $0.04 in 2020.
How often does Oldcond Bancorp pay dividends?
Oldcond Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Oldcond Bancorp's dividend yield?
The current dividend yield for Oldcond Bancorp is 1.13%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Oldcond Bancorp's exact dividend yield.
When does Oldcond Bancorp go ex dividend?
Oldcond Bancorp's ex-dividend date for the latest dividend was on 2024-10-25. Oldcond Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Oldcond Bancorp dividend paid?
Oldcond Bancorp pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Oldcond Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Oldcond Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Oldcond Bancorp dividend per share?
Oldcond Bancorp paid $0.21 per share in 2024 and $0.2 per share in 2023. The amount of dividend per share that Oldcond Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Oldcond Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Oldcond Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Oldcond Bancorp a dividend stock?
Yes, Oldcond Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Oldcond Bancorp a good dividend stock?
Whether Oldcond Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Oldcond Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Oldcond 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.
Other factors to consider when evaluating Oldcond 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.
Does Oldcond Bancorp pay dividends monthly?
Oldcond Bancorp typically pays dividends on a quarterly basis.
Does Oldcond Bancorp pay dividends quarterly?
Oldcond Bancorp currently pays dividends on a quarterly basis.
Has Oldcond Bancorp ever paid a dividend?
Yes, Oldcond Bancorp has a history of paying dividends to its shareholders. Oldcond Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Oldcond Bancorp dividend stocks?
To buy Oldcond Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Oldcond Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Oldcond Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Oldcond Bancorp pay dividends 2024?
Oldcond Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Oldcond Bancorp increase its dividend in 2024?
Decisions regarding Oldcond Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Oldcond Bancorp dividend overview you can look into the above table of dividend history.
How Oldcond Bancorp dividend works?
The Oldcond Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Oldcond Bancorp's dividend process works:
1. Determination of Dividend: Oldcond 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, Oldcond 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, Oldcond 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 Oldcond 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. Determination of Dividend: Oldcond 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, Oldcond 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, Oldcond 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 Oldcond 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.
How are Oldcond Bancorp dividends paid?
Oldcond Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Oldcond 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, Oldcond 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: Oldcond 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.
1. Record Date: Oldcond 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, Oldcond 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: Oldcond 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.
How many times does Oldcond Bancorp pay dividends?
Oldcond Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Oldcond Bancorp pay dividends?
The general pattern is that Oldcond Bancorp pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Oldcond Bancorp dividend safe?
The safety of Oldcond Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Oldcond 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 Oldcond 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.
To assess the safety of Oldcond 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 Oldcond 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.