Upcoming Dividends Impacting ONB, EQH, and MFC Stocks

Dividend news impacts stock performance. Old National Bancorp, Equitable Holdings Inc, and Manulife Financial Corp prepare for ex-dividend trading on March 5, 2025, likely affecting stock prices.

Date: 03-03-2025

AI Rating: 6

Overview of Dividend Impact
According to the report, Old National Bancorp (ONB), Equitable Holdings Inc (EQH), and Manulife Financial Corp (MFC) are set to trade ex-dividend. This typically results in a decrease in stock price by the dividend amount, influencing investor sentiment and potentially affecting future trading.

Dividends Declared
Old National Bancorp will pay a quarterly dividend of $0.14, equating to a yield of approximately 0.59% based on a recent stock price of $23.77. Investors can anticipate a decrease of around 0.59% at the stock's next opening. The dividend for Equitable Holdings Inc is $0.24 (yielding about 0.44%), and Manulife Financial Corp will distribute $0.44 (yielding approximately 1.41%), leading to potential opening reductions in their stock prices as well.

Historical Context and Stability
The report emphasizes analyzing historical dividend data for better expectations regarding future yields. Current estimated annualized yields suggest stability: ONB at 2.36%, EQH at 1.74%, and MFC at 5.65%. Stability in dividends can boost confidence among investors, likely maintaining or even raising their stock prices in the long term depending on overall company performance.

Current Market Trends
On the day of reporting, shares rose slightly for all three companies: ONB and EQH by about 1.6%, and MFC by about 1.3%. This might suggest a positive investor sentiment in anticipation of the dividends, but the future performance will reflect how these companies maintain their distributions amidst market changes.

Stocks: ONB EQH MFC