NEW YORK ( TheStreet) -- The ex-dividend date for Old National Bancorp (NYSE: ONB) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $12.05 as of 9:30 a.m. ET, the dividend yield is 2.9%. The average volume for Old has been 639,500 shares per day over the past 30 days. Old has a market cap of $1.17 billion and is part of the financial sector and banking industry. Shares are up 4.6% year to date as of the close of trading on Friday. Old National Bancorp operates as a holding company for Old National Bank, which provides financial services to individuals and commercial customers primarily in Indiana, eastern and southeastern Illinois, and central and western Kentucky. The company has a P/E ratio of 16.3, below the average banking industry P/E ratio of 20.6 and below the S&P 500 P/E ratio of 17.7.
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