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Old National Bancorp's Preferred Stock Series A Crosses Above 7% Yield Territory

In trading on Tuesday, shares of Old National Bancorp's 7.00% Dep Shares Non-Cumul Preferred Stock Ser A (ONBPP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $24.86 on the day. This compares to an average yield of 6.53% in the "Financial" preferred stock category, according to Preferred Stock Channel..

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Old National Bancorp (ONB)