Old National Bancorp (NASDAQ:ONBPO) Trading Up 0.7%

Old National Bancorp (NASDAQ:ONBPO) shares were up 0.7% during mid-day trading on Tuesday . The company traded as high as $25.10 and last traded at $25.06. Approximately 5,228 shares changed hands during trading, a decline of 53% from the average daily volume of 11,068 shares. The stock had previously closed at $24.90.

Old National Bancorp Stock Performance

The business has a fifty day moving average of $24.90 and a 200-day moving average of $24.92.

Old National Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 20th. Shareholders of record on Monday, August 5th will be paid a $0.4375 dividend. The ex-dividend date is Monday, August 5th. This represents a $1.75 dividend on an annualized basis and a yield of 6.98%.

Hedge Funds Weigh In On Old National Bancorp

A hedge fund recently bought a new stake in Old National Bancorp stock. Thompson Investment Management Inc. acquired a new stake in shares of Old National Bancorp (NASDAQ:ONBPO) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $51,000.

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.