ONB Old National Bancorp dividend history, payout ratio & dates
Old National Bancorp's most recent dividend of $0.14 per share was on Sep 5, 2024 (ex-date). At an annualized rate of $0.56 per share, the stock yields 2.97%.
Key dates
- ONB last dividend date: Sep 5, 2024
ONB dividend stats
vs. Financial Services sector
Dividend yield
ONB has a dividend yield of 2.97% which is above the Financial Services sector average but below the industry and its peers average. Compared to its Financial Services sector average of 2.82%, Old National Bancorp's dividend yield is 5% higher. The historical 5-year average of ONB's dividend yield is 3.4%, which is above the current yield.
Dividend history
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 up by 36% from a year ago, the dividend yield has decreased by 26%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 5, 2024 | $0.14 | 2.95% |
| Jun 5, 2024 | $0.14 | 3.39% |
| Mar 4, 2024 | $0.14 | 3.47% |
| Nov 30, 2023 | $0.14 | 3.76% |
| Aug 31, 2023 | $0.14 | 3.67% |
| May 31, 2023 | $0.14 | 4.51% |
| Feb 28, 2023 | $0.14 | 3.17% |
| Nov 30, 2022 | $0.14 | 2.93% |
| Aug 31, 2022 | $0.14 | 3.36% |
| May 31, 2022 | $0.14 | 3.52% |
| Mar 3, 2022 | $0.14 | 3.15% |
| Dec 3, 2021 | $0.14 | 3.18% |
| Aug 31, 2021 | $0.14 | 3.36% |
| May 28, 2021 | $0.14 | 2.94% |
| Feb 26, 2021 | $0.14 | 3.09% |
| Nov 30, 2020 | $0.14 | 3.54% |
| Aug 31, 2020 | $0.14 | 3.93% |
| May 29, 2020 | $0.14 | 3.97% |
| Feb 28, 2020 | $0.14 | 3.36% |
| Nov 29, 2019 | $0.13 | 2.88% |
| Aug 30, 2019 | $0.13 | 3.1% |
| May 31, 2019 | $0.13 | 3.26% |
| Feb 28, 2019 | $0.13 | 2.92% |
| Nov 30, 2018 | $0.13 | 2.78% |
| Aug 31, 2018 | $0.13 | 2.56% |
| May 31, 2018 | $0.13 | 2.9% |
| Feb 28, 2018 | $0.13 | 3.06% |
| Nov 30, 2017 | $0.13 | 2.85% |
| Aug 30, 2017 | $0.13 | 3.18% |
| May 30, 2017 | $0.13 | 3.27% |
| Feb 27, 2017 | $0.13 | 2.79% |
| Nov 29, 2016 | $0.13 | 3.08% |
| Aug 30, 2016 | $0.13 | 3.61% |
| May 27, 2016 | $0.13 | 3.82% |
| Feb 26, 2016 | $0.13 | 4.31% |
| Nov 27, 2015 | $0.12 | 3.25% |
| Aug 28, 2015 | $0.12 | 3.43% |
| May 28, 2015 | $0.12 | 3.33% |
| Feb 26, 2015 | $0.12 | 3.19% |
Old National Bancorp dividend payout ratio
Payout ratio
ONB has a payout ratio of 32.7% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.4%, Old National Bancorp's payout ratio is 25% lower.
Total amount of dividends paid per financial year (from cash flow)
ONB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PEBO Peoples Bancorp Inc | 5.1% | $1.58 | 44.4% |
| HBNC Horizon Bancorp Inc | 4.24% | $0.64 | 148.8% |
| THFF First Financial Corp | 4.24% | $1.8 | 41.7% |
| RF Regions Financial Corp | 4.1% | $0.97 | 54.8% |
| HBAN Huntington Bancshares Inc | 3.99% | $0.62 | 58.5% |
| FRME First Merchants Corp | 3.69% | $1.38 | 44.1% |
| ONB Old National Bancorp | 2.96% | $0.56 | 32.7% |
| LKFN Lakeland Financial Corp | 2.91% | $1.9 | 48.2% |
| GABC German American Bancorp Inc | 2.65% | $1.06 | 38.1% |
| SRCE 1St Source Corp | 2.31% | $1.38 | 26.7% |
Frequently asked questions
Does Old National Bancorp pay a dividend?
Yes, Old National Bancorp has been paying dividends for the last 30 years.
When was ONB's last dividend?
Old National Bancorp's last dividend ex-date was on Sep 5, 2024. 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 2.97%.
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 32.7%.
Does Old National Bancorp pay a good dividend?
Old National Bancorp's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.