Old National Bancorp (ONB) has announced a cash dividend of $0.140 per share, with the ex-dividend date set for Jun 5th, 2025, and the payment date scheduled for Jun 16th, 2025. This dividend represents a slight increase compared to the average of the last ten dividends, which stood at $0.131 per share. This marks a continuation of the company's previous dividend of $0.140 per share, paid on Mar 17th, 2025, also in the form of a cash dividend.
Recently,
finalized forward sale agreements, a financial move completed on May 23rd, 2025, as disclosed in its SEC filing. This decision reflects strategic steps taken by the company to manage financial transactions, potentially influencing its operational and market performance. As of late, analysts have noted the significance of these agreements in maintaining the company's financial stability.
Moreover, over the past week, Old National Bancorp's board confirmed the dividend payment of $0.140 per share for Jun 16th, 2025. This announcement has been viewed as a positive signal for shareholders, reinforcing confidence in the company's financial health. Since the last update, the dividend affirmation aligns with the company's ongoing commitment to shareholder returns.
In addition, Old National Bancorp's Q1 2025 earnings call provided insights into its financial performance, reporting GAAP earnings per diluted share that underscored its robust fundamentals. This recent assessment of financial outcomes highlights the company's solid revenue streams and profitability, contributing to its favorable outlook in the financial markets.
As the ex-dividend date of Jun 5th, 2025 approaches, investors should be aware that this is the last day to purchase shares in order to receive the upcoming dividend. Any acquisitions made after this date will not qualify for the dividend associated with this cycle.
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