NasdaqGS:ONBBanks
Does Old National Bancorp's (ONB) Dividend Hike Hint at Shifting Capital Management Priorities?
On August 13, 2025, Old National Bancorp's Board of Directors declared a quarterly cash dividend of US$0.14 per share for common stockholders and a US$17.50 quarterly dividend per share for holders of its 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A and Series C.
This announcement came shortly after dovish comments from Federal Reserve Chair Jerome Powell eased concerns about prolonged high interest rates, prompting increased optimism toward regional banks like Old...