Southern Indiana Business Report
EVANSVILLE — Old National Bancorp announced May 18 that its board of directors declared a quarterly cash dividend of $0.14 per share on its outstanding shares of common stock. This quarterly cash dividend will be payable on June 15 to shareholders of record as of the close of business on June 1.
In addition, the board of directors declared a quarterly cash dividend of $17.50 per share (equivalent to $0.4375 per depositary share or 1/40th interest per share) on Old National’s 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (NASDAQ: ONBPP) and Series C (NASDAQ: ONBPO). The dividends are payable on Aug. 20, to shareholders of record as of the close of business on Aug. 5.
About Old National
With approximately $46 billion of assets and $31 billion of assets under management, Old National ranks among the top 35 banking companies based in the U.S. and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for eleven consecutive years. Since its founding in 1834, Old National Bank has grown to offer comprehensive wealth management, investment, and capital market services. For more information and financial data, visit Investor Relations at oldnational.com.