Old National Bancorp (NASDAQ:ONBPO) Trading 1.5% Higher

Old National Bancorp (NASDAQ:ONBPO) shares traded up 1.5% during trading on Monday . The company traded as high as $25.02 and last traded at $24.98. 6,461 shares were traded during mid-day trading, a decline of 49% from the average session volume of 12,727 shares. The stock had previously closed at $24.61.

Old National Bancorp Price Performance

The business has a fifty day moving average price of $24.88 and a 200 day moving average price of $24.36.

Old National Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 20th. Stockholders of record on Sunday, May 5th will be issued a $0.4375 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.01%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Old National Bancorp stock. Thompson Investment Management Inc. purchased a new stake in Old National Bancorp (NASDAQ:ONBPO) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,000 shares of the company’s stock, valued at approximately $51,000.

Old National Bancorp Company Profile

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, agricultural loans, letters of credit, and lease financing.