Old National: Dividend Insights
Portfolio Pulse from Benzinga Insights
Old National (NASDAQ:ONB) announced a quarterly dividend of 14 cents per share, with the ex-dividend date set for Monday. Shareholders owning ONB by the end of Friday are eligible for the dividend, payable on March 15, 2024. The stock is expected to open 14 cents lower on the ex-dividend date.
February 28, 2024 | 2:45 pm
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Old National announced a quarterly dividend of 14 cents per share, payable on March 15, 2024, to shareholders on record by the end of Friday. The stock will likely open 14 cents lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equal to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. This is a common occurrence and is expected for Old National (ONB) as well.
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IMPORTANCE 80
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