OLD NATIONAL BANCORP /IN/ 8-K

What Happened

• Old National Bancorp (ONB) announced that its Board of Directors declared a quarterly cash dividend of $0.145 per share on outstanding common stock. This dividend is payable on June 15, 2026, to shareholders of record at the close of business on June 5, 2026.
• The Board also declared a quarterly cash dividend of $17.50 per share on the Company’s 7.0% Fixed Rate Non‑Cumulative Perpetual Preferred Stock, Series A and Series C (NASDAQ: ONBPP and ONBPO). That dividend is payable August 20, 2026, to shareholders of record at the close of business on August 5, 2026.
• The company filed a press release dated May 13, 2026 (Exhibit 99.1) announcing these dividends.

Key Details

• Common dividend: $0.145 per share; payable June 15, 2026; record date June 5, 2026.
• Preferred dividend: $17.50 per preferred share on Series A & C; equivalent to $0.4375 per depositary share (1/40th interest); payable August 20, 2026; record date August 5, 2026.
• Preferred series tickers: ONBPP (Series A) and ONBPO (Series C).
• Disclosure made via Form 8‑K filed May 13, 2026; press release attached as Exhibit 99.1.

Why It Matters

• These declared dividends are concrete cash payments to shareholders and are relevant for income‑seeking investors evaluating expected cash returns from ONB common and preferred shares.
• The filing confirms the Board’s authorization to distribute these amounts on the stated dates and provides record/payable dates investors can use to determine eligibility for the payments.