Old National Bancorp Dividends and Buybacks
Dividend criteria checks 5/6
Old National Bancorp is a dividend paying company with a current yield of 2.59% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
2.6%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | -0.1% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | €0.560 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ON1's dividends per share have been stable in the past 10 years.
Growing Dividend: ON1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Old National Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ON1) | 2.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (ON1) (up to 3 years) | 2.8% |
Notable Dividend: ON1's dividend (2.59%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: ON1's dividend (2.59%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.9%), ON1's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ON1's dividends in 3 years are forecast to be well covered by earnings (28.4% payout ratio).