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Old National Bancorp Depositary Shares Each Representing A 1/40th Interest In A Share Of Series A Preferred Stock
25.
0 (0.00%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 24.92
Day's Range: 25. - 25.2
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When Written:
24.49
Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock is a financial instrument that represents a fractional ownership interest in the Series A Preferred Stock of Old National Bancorp. The Series A Preferred Stock is a type of preferred stock issued by Old National Bancorp, a regional bank based in Indiana, USA.
The Depositary Shares are traded on the NASDAQ stock exchange under the ticker symbol ONB-C. Each Depositary Share represents a 1/40th interest in a share of the Series A Preferred Stock, which has a liquidation preference of $25 per share.
The Series A Preferred Stock pays a fixed dividend of 6.25% per annum, which is payable quarterly. The dividends are cumulative, meaning that if Old National Bancorp fails to pay a dividend on the Series A Preferred Stock, the unpaid dividends will accumulate and must be paid before any dividends can be paid on the common stock.
The Depositary Shares are a convenient way for investors to invest in the Series A Preferred Stock of Old National Bancorp without having to purchase whole shares. The Depositary Shares can be bought and sold like common stock, and investors receive dividends on the Depositary Shares in the same way as they would on the Series A Preferred Stock.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The Depositary Shares are traded on the NASDAQ stock exchange under the ticker symbol ONB-C. Each Depositary Share represents a 1/40th interest in a share of the Series A Preferred Stock, which has a liquidation preference of $25 per share.
The Series A Preferred Stock pays a fixed dividend of 6.25% per annum, which is payable quarterly. The dividends are cumulative, meaning that if Old National Bancorp fails to pay a dividend on the Series A Preferred Stock, the unpaid dividends will accumulate and must be paid before any dividends can be paid on the common stock.
The Depositary Shares are a convenient way for investors to invest in the Series A Preferred Stock of Old National Bancorp without having to purchase whole shares. The Depositary Shares can be bought and sold like common stock, and investors receive dividends on the Depositary Shares in the same way as they would on the Series A Preferred Stock.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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When Written:
24.49
Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock are a type of security offered by Old National Bancorp, a financial services company based in Evansville, Indiana.
These depositary shares represent a fractional ownership interest in a share of Series A Preferred Stock issued by Old National Bancorp. Each depositary share represents 1/40th of a share of Series A Preferred Stock.
The Series A Preferred Stock is a type of preferred stock that pays a fixed dividend to investors. The dividend rate is determined at the time of issuance and remains constant throughout the life of the stock. The Series A Preferred Stock also has priority over common stock in the event of a liquidation or bankruptcy.
Investors who purchase Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock receive the same dividend payments as those who own the Series A Preferred Stock directly. However, because the depositary shares represent a fractional ownership interest, investors can purchase a smaller amount of the preferred stock than they would be able to if they were buying the stock directly.
Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock trade on the NASDAQ stock exchange under the ticker symbol ONB-C.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
These depositary shares represent a fractional ownership interest in a share of Series A Preferred Stock issued by Old National Bancorp. Each depositary share represents 1/40th of a share of Series A Preferred Stock.
The Series A Preferred Stock is a type of preferred stock that pays a fixed dividend to investors. The dividend rate is determined at the time of issuance and remains constant throughout the life of the stock. The Series A Preferred Stock also has priority over common stock in the event of a liquidation or bankruptcy.
Investors who purchase Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock receive the same dividend payments as those who own the Series A Preferred Stock directly. However, because the depositary shares represent a fractional ownership interest, investors can purchase a smaller amount of the preferred stock than they would be able to if they were buying the stock directly.
Old National Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of Series A Preferred Stock trade on the NASDAQ stock exchange under the ticker symbol ONB-C.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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