Old National Bancorp (NASDAQ:ONBPP) Shares Up 0.6% – Should You Buy?

Shares of Old National Bancorp (NASDAQ:ONBPP) were up 0.6% during mid-day trading on Friday . The company traded as high as $25.00 and last traded at $25.00. Approximately 558 shares were traded during trading, a decline of 88% from the average daily volume of 4,775 shares. The stock had previously closed at $24.85.

Old National Bancorp Price Performance

The company’s 50 day moving average is $25.01 and its 200 day moving average is $25.11.

Old National Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Monday, May 5th will be paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.00%. The ex-dividend date of this dividend is Monday, May 5th.

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.