Old National Bancorp's Preferred Stock Goes Ex-Dividend Soon

On 5/2/24, Old National Bancorp's 7.00% Dep Shares Non-Cumul Preferred Stock Ser A (ONBPP) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 5/20/24. As a percentage of ONBPP's recent share price of $25.06, this dividend works out to approximately 1.75%, so look for shares of ONBPP to trade 1.75% lower — all else being equal — when ONBPP shares open for trading on 5/2/24..