Old National Bancorp (NASDAQ:ONBPP) Shares Break Below Two Hundred Day Moving Average – Here’s What Happened

Old National Bancorp (NASDAQ:ONBPP) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $24.97 and traded as low as $24.86. Old National Bancorp shares last traded at $24.96, with a volume of 4,896 shares trading hands.

Old National Bancorp Stock Performance

The firm has a 50 day moving average price of $24.91 and a 200-day moving average price of $24.97.

Old National Bancorp Announces Dividend

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

About Old National Bancorp

Old National Bancorp is a regional 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 across the Midwest.

Old National Bank offers a range of products and services, including checking and savings accounts, consumer and commercial lending, mortgages, treasury management, wealth management, investment services and trust administration.