Dividend Update for Old National Bancorp: Key Insights Before the Sep 5, 2025 Ex-Dividend Date

Old National Bancorp (ONB) has recently announced a quarterly cash dividend of $0.14000000 per share, marking a slight increase compared to the 10-year average of $0.13083333. The dividend, declared on Aug 13, 2025, is set to be paid on Sep 15, 2025, with the ex-dividend date scheduled for Sep 5, 2025. Investors who wish to receive this payout must purchase shares before this date. This follows the company’s most recent dividend payment on Jun 16, 2025, which was also $0.14000000 per share, highlighting consistent distributions in recent months.

Over the past week, Old National Bancorp has remained in the spotlight for several key developments. Recently, the company reaffirmed its commitment to shareholder returns by maintaining a sustainable payout ratio of 33% based on last year’s earnings. Analysts indicated that while the dividend appears well-covered, the company’s earnings have remained largely flat over the past five years, raising concerns about long-term sustainability. As of late, this has prompted investors to closely monitor whether the company can balance its dividend obligations with future growth initiatives.

Additionally, several institutional investors have adjusted their holdings in ONB recently. Most notably, Kodai Capital Management LP reduced its stake by 2.6%, now holding approximately $23.60 million in shares. This move reflects shifting sentiment in the market and may signal a strategic rebalancing of portfolios. Meanwhile, the company’s stock price, which stood at $22.89 as of the latest update on Aug 31, 2025, has seen a modest increase of 0.53% in recent trading sessions. This slight upward trend may be influenced by the upcoming dividend announcement and broader investor confidence in the company’s capital return strategy.

Old National Bancorp’s recent financial performance remains a focal point for market participants. Earnings stability, while preferable to declines, has limited the company’s ability to raise dividends beyond a modest 2.4% annual growth rate over the past decade. Investors are advised to maintain a cautious stance, as any significant drop in earnings could impact future distributions. The company’s balance sheet remains in a stable position, and its current payout ratio suggests the dividend is not at immediate risk, though long-term growth remains uncertain.

In conclusion, Old National Bancorp continues to provide a consistent cash dividend to shareholders, with the ex-dividend date for the upcoming payout set for Sep 5, 2025. Investors must purchase shares before this date to qualify for the dividend, as any transactions on or after Sep 5 will not be eligible for the distribution. With a current yield of approximately 2.4%, the stock remains a steady, albeit conservative, option for income-focused investors.