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ONB Old National Bancorp dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: ONB
  4. Dividend

Old National Bancorp's most recent quarterly dividend of $0.14 per share was on May 31, 2023 (ex-date). At an annualized rate of $0.56 per share, the stock yields 4.43%.

Key dates

  • ONB last dividend date: May 31, 2023
  • ONB next dividend date: Not announced
Peer dividends: THFF SRCE GABC FRME HBAN HBNC RF
ONB dividend stats
DPS
$0.56
Dividend yield
4.36%
Payout ratio
27.5%
vs. Financial Services sector
Dividend yield
3.86%
Payout ratio
32.1%

Dividend yield

What is Old National Bancorp current dividend yield

ONB has a dividend yield of 4.43% which is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 3.86%, Old National Bancorp's dividend yield is 15% higher. The historical 5-year average of ONB's dividend yield is 3.3%, which is below the current yield.

Dividend history

What is ONB dividend payout history and dates

Old National Bancorp has a history of paying dividends since 1994. Our records of ONB show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However since the stock price has gone down by 20% from a year ago, the dividend yield has increased by 25%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 31, 2023 Jun 15, 2023 May 10, 2023 $0.14 normal
Feb 28, 2023 Mar 15, 2023 Feb 22, 2023 $0.14 normal
Nov 30, 2022 Dec 15, 2022 Nov 3, 2022 $0.14 normal
Aug 31, 2022 Sep 15, 2022 Aug 17, 2022 $0.14 normal
May 31, 2022 Jun 15, 2022 May 18, 2022 $0.14 normal
Mar 3, 2022 Mar 15, 2022 Jan 27, 2022 $0.14 normal
Dec 3, 2021 Dec 15, 2021 Oct 28, 2021 $0.14 normal
Aug 31, 2021 Sep 15, 2021 Jul 29, 2021 $0.14 normal
May 28, 2021 Jun 15, 2021 Apr 29, 2021 $0.14 normal
Feb 26, 2021 Mar 15, 2021 Jan 28, 2021 $0.14 normal
Nov 30, 2020 Dec 15, 2020 Oct 29, 2020 $0.14 normal
Aug 31, 2020 Sep 15, 2020 Jul 30, 2020 $0.14 normal
May 29, 2020 Jun 15, 2020 Apr 29, 2020 $0.14 normal
Feb 28, 2020 Mar 16, 2020 Jan 21, 2020 $0.14 normal
Nov 29, 2019 Dec 16, 2019 Oct 24, 2019 $0.13 normal
Aug 30, 2019 Sep 17, 2019 Aug 1, 2019 $0.13 normal
May 31, 2019 Jun 17, 2019 May 2, 2019 $0.13 normal
Feb 28, 2019 Mar 15, 2019 Jan 24, 2019 $0.13 normal
Nov 30, 2018 Dec 17, 2018 Oct 25, 2018 $0.13 normal
Aug 31, 2018 Sep 18, 2018 Jul 26, 2018 $0.13 normal
May 31, 2018 Jun 15, 2018 Apr 26, 2018 $0.13 normal
Feb 28, 2018 Mar 15, 2018 Jan 25, 2018 $0.13 normal
Nov 30, 2017 Dec 15, 2017 Oct 26, 2017 $0.13 normal
Aug 30, 2017 Sep 15, 2017 Jul 27, 2017 $0.13 normal
May 30, 2017 Jun 15, 2017 Apr 27, 2017 $0.13 normal
Feb 27, 2017 Mar 15, 2017 Jan 26, 2017 $0.13 normal
Nov 29, 2016 Dec 15, 2016 Oct 31, 2016 $0.13 normal
Aug 30, 2016 Sep 16, 2016 Aug 1, 2016 $0.13 normal
May 27, 2016 Jun 15, 2016 May 2, 2016 $0.13 normal

Old National Bancorp dividend payout ratio

What is Old National Bancorp dividend payout ratio compared to the sector

Payout ratio

ONB has a payout ratio of 27.5% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 32.1%, Old National Bancorp's payout ratio is 14% lower.

Total amount of dividends paid per financial year (from cash flow)

ONB dividend vs peer dividends

How does ONB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
HBNC Horizon Bancorp Inc 6.89% $0.64 31.7%
HBAN Huntington Bancshares Inc 5.81% $0.62 39.7%
FRME First Merchants Corp 4.71% $1.3 32.6%
RF Regions Financial Corp 4.55% $0.8 33.9%
ONB Old National Bancorp 4.36% $0.56 27.5%
GABC German American Bancorp Inc 3.33% $0.96 30.2%
THFF First Financial Corp 3.24% $1.08 19.7%
SRCE 1St Source Corp 3.03% $1.28 25.6%

Frequently asked questions

Does Old National Bancorp pay a dividend?

Yes, Old National Bancorp has been paying dividends for the last 29 years.

When is Old National Bancorp's next dividend?

At this point we don't have a record of ONB's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2023.

When was ONB's last dividend?

Old National Bancorp's last dividend ex-date was on May 31, 2023. The dividend amount was $0.14 per share.

How much dividend does Old National Bancorp pay (per share)?

On an annual basis ONB pays $0.56 per share.

What is Old National Bancorp's dividend yield?

Old National Bancorp's current dividend yield is 4.43%.

How often does Old National Bancorp pay dividends?

Old National Bancorp has a quarterly dividend frequency.

What is Old National Bancorp's dividend payout ratio?

The dividend payout ratio of Old National Bancorp is 27.5%.

Does Old National Bancorp pay a good dividend?

Old National Bancorp's dividend yield is above the Financial Services sector average.