Old National Bancorp (ONB) Raises Quarterly Dividend 8.3% to $0.13; 4.4% Yield
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Old National Announces 8.3% Increase in Quarterly Cash Dividend
January 28, 2016 3:28 PM ESTEVANSVILLE, Ind., Jan. 28, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Old National Bancorp (the Company or Old National) (NASDAQ: ONB) declared an increase in the Companys quarterly cash dividend to $0.13 per share on the Companys outstanding shares of common stock. This new dividend level represents an 8.3% increase over the previous cash dividend level of $0.12 per common share. The dividend is payable March 15, 2016, to shareholders of record on March 1, 2016. For purposes of broker trading, the ex-date of the cash dividend is February 26, 2016. Based on Old Nationals closing price of $11.76 on January 27, 2016, the new... More
