Old National Bancorp (ONB) Declares $0.14 Quarterly Dividend, 3.3% Yield; Announces Up to $100M Share Buyback Plan
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Old National Bancorp (NASDAQ: ONB) declared a quarterly dividend of $0.14 per share, or $0.56 annualized.
The dividend will be payable on March 15, 2021, to stockholders of record on March 1, 2021, with an ex-dividend date of February 26, 2021.
The annual yield on the dividend is 3.3 percent.
Share Buyback Plan
The Board of Directors has also approved the adoption of a stock repurchase plan that authorizes the repurchase of up to $100 million of the outstanding shares of Old National Bancorp common stock, as conditions warrant, through January 31, 2022. These shares may be purchased in either the open market or in privately negotiated transactions, in accordance with SEC regulations.
For a dividend history and other dividend-related data on Old National Bancorp (ONB) click here.
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