Thompson Investment Management Inc. Takes Position in Old National Bancorp (NASDAQ:ONBPO)

Thompson Investment Management Inc. bought a new stake in shares of Old National Bancorp (NASDAQ:ONBPO) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $51,000.

Old National Bancorp Stock Performance

Shares of ONBPO stock traded down $0.16 during trading hours on Tuesday, reaching $25.02. The company had a trading volume of 4,605 shares, compared to its average volume of 10,940. Old National Bancorp has a 1-year low of $21.58 and a 1-year high of $27.00. The company has a 50 day moving average of $24.95 and a 200 day moving average of $24.94.

Old National Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 20th. Shareholders of record on Monday, August 5th will be issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date is Monday, August 5th.

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.