Old National Bancorp (NASDAQ:ONBPO) Stock Price Breaks Above 200-Day Moving Average – Here’s What Happened

Old National Bancorp (NASDAQ:ONBPO)’s share price passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $24.97 and traded as high as $25.02. Old National Bancorp shares last traded at $25.01, with a volume of 5,549 shares traded.

Old National Bancorp Price Performance

The company has a 50-day moving average price of $24.86 and a two-hundred day moving average price of $24.97.

Old National Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Thursday, November 5th will be paid a $0.4375 dividend. The ex-dividend date is Thursday, November 5th. This represents a $1.75 annualized dividend and a yield of 7.0%.

About Old National Bancorp

Old National Bancorp is a bank holding company headquartered in Evansville, Indiana. Through its principal subsidiary, Old National Bank, the company provides banking and financial services to individuals, families, businesses and institutions.

Its offerings include personal and business deposit accounts, consumer and commercial lending, mortgage banking, treasury management, wealth management, investment services and insurance-related solutions. The bank also supports businesses with commercial real estate financing, equipment lending, cash management and other specialized banking services.

Old National traces its roots to the 19th century and has expanded through organic growth and acquisitions.