Old National Bancorp (NASDAQ:ONBPO) Trading Down 2.8% – Should You Sell?

Shares of Old National Bancorp (NASDAQ:ONBPO) traded down 2.8% during trading on Wednesday . The stock traded as low as $24.65 and last traded at $24.70. 62,088 shares were traded during trading, an increase of 696% from the average session volume of 7,799 shares. The stock had previously closed at $25.41.

Old National Bancorp Stock Up 1.4 %

The business’s fifty day moving average is $25.15 and its 200-day moving average is $25.19.

Old National Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Wednesday, February 5th will be given a $0.4375 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%.

About Old National Bancorp

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.