Old National Bancorp's Preferred Stock Series A Ex-Dividend Reminder - 5/5/26

On 5/5/26, Old National Bancorp's 7.00% Dep Shares Non-Cumul Preferred Stock Ser A (Symbol: ONBPP) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 5/20/26. As a percentage of ONBPP's recent share price of $24.95, this dividend works out to approximately 1.75%, so look for shares of ONBPP to trade 1.75% lower — all else being equal — when ONBPP shares open for trading on 5/5/26. On an annualized basis, the current yield is approximately 7.01%, which compares to an average yield of 6.65% in the "Financial" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of ONBPP shares, versus ONB:

Below is a dividend history chart for ONBPP, showing historical dividends prior to the most recent $0.4375 on Old National Bancorp's 7.00% Dep Shares Non-Cumul Preferred Stock Ser A:

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According to the ETF Finder at ETF Channel, Old National Bancorp (Symbol: ONB) makes up 2.79% of the First Trust Dorsey Wright Momentum & Value ETF (DVLU) which is trading higher by about 0.1% on the day Friday. (see other ETFs holding ONB).

In Friday trading, Old National Bancorp's 7.00% Dep Shares Non-Cumul Preferred Stock Ser A (Symbol: ONBPP) is currently down about 0.1% on the day, while the common shares (Symbol: ONB) are up about 0.3%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.