Old National Bancorp Declares Quarterly Common and Preferred Dividends

What Happened Old National Bancorp (ONB) filed an 8-K on August 12, 2026, announcing that its Board of Directors declared quarterly cash dividends. The Board approved a common-stock dividend of $0.145 per share payable September 15, 2026, to shareholders of record as of the close of business on September 5, 2026. The Board also declared dividends on its 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (ONBPP) and Series C (ONBPO) of $17.50 per preferred share (equivalent to $0.4375 per depositary share / 1/40th interest) payable November 20, 2026, to holders of record as of November 5, 2026.

Key Details

• Common stock dividend: $0.145 per share; payable Sept 15, 2026; record date Sept 5, 2026.
• Preferred stock dividend (Series A & C): $17.50 per share (or $0.4375 per depositary share / 1/40th interest); payable Nov 20, 2026; record date Nov 5, 2026.
• Announcement made via press release included as Exhibit 99.1 to the 8-K filed Aug 12, 2026.

Why It Matters These dividend declarations provide immediate information about cash returns for shareholders: common shareholders will receive a modest quarterly cash payout in mid‑September, while holders of the specified perpetual preferred shares will receive the stated preferred dividend in November. For income-focused investors, the declared amounts and payment/record dates are key for planning eligibility and expected cash flow. The filing is a routine corporate action and does not itself indicate changes to the company’s longer-term dividend policy.