Old National Bancorp Announces Quarterly Dividends

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Old National Bancorp (NASDAQ: ONB) has declared a quarterly cash dividend of $0.14 per share on its common stock, payable on September 15, 2023. The company has also declared a quarterly cash dividend of $17.50 per share on its preferred stocks, payable on November 20, 2023.

EVANSVILLE, Ind., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company’s outstanding shares of common stock. This quarterly cash dividend will be payable on September 15, 2023, to shareholders of record as of the close of business on September 1, 2023.

In addition, the Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent to $0.4375 per depositary share or 1/40th interest per share) on Old National’s 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (NASDAQ: ONBPP) and Series C (NASDAQ: ONBPO). The dividends are payable on November 20, 2023, to shareholders of record as of the close of business on November 5, 2023.

ABOUT OLD NATIONAL
Old National Bancorp is the holding company of Old National Bank, which is the sixth largest commercial bank headquartered in the Midwest. With approximately $48 billion of assets and $29 billion of assets under management, Old National ranks among the top 30 banking companies headquartered in the U.S. Tracing our roots to 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients and in the communities it serves. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment, and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.

Investor Relations:
Lynell Walton
(812) 464-1366
lynell.walton@oldnational.com

Media Relations:
Kathy Schoettlin
(812) 465-7269
kathy.schoettlin@oldnational.com

FAQ

What is the dividend per share declared by Old National Bancorp on its common stock?

Old National Bancorp has declared a dividend of $0.14 per share on its common stock.

When will the dividend on the common stock be payable?

The dividend on the common stock will be payable on September 15, 2023.

What is the dividend per share declared by Old National Bancorp on its preferred stocks?

Old National Bancorp has declared a dividend of $17.50 per share on its preferred stocks.

When will the dividend on the preferred stocks be payable?

The dividend on the preferred stocks will be payable on November 20, 2023.