Old National Bancorp (NASDAQ:ONBPP) Trading Down 0.1%

Old National Bancorp (NASDAQ:ONBPP) shares fell 0.1% on Wednesday . The company traded as low as $24.98 and last traded at $24.98. 987 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 7,482 shares. The stock had previously closed at $25.01.

Old National Bancorp Stock Performance

The stock’s 50-day moving average price is $24.92 and its two-hundred day moving average price is $25.00.

Old National Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 20th. Shareholders of record on Monday, August 5th will be given a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 7.01%. The ex-dividend date of this dividend is Monday, August 5th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Old National Bancorp stock. Thompson Investment Management Inc. bought a new stake in shares of Old National Bancorp (NASDAQ:ONBPP) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,000 shares of the company’s stock, valued at approximately $25,000.

Old National Bancorp Company Profile

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.