Ex-Dividend Reminder: Trustco Bank, TriCo Bancshares and Old National Bancorp

Trustco Bank Corp. (TRST), TriCo Bancshares (TCBK), and Old National Bancorp (ONB) are scheduled to trade ex-dividend on September 5, 2025. TRST will distribute a quarterly dividend of $0.38 (0.95% of its recent stock price, yielding an estimated 3.79% annualized), TCBK $0.36 (0.79% of stock price, 3.16% annualized), and ONB $0.14 (0.62% of stock price, 2.47% annualized). Investors should anticipate shares of these companies to open lower by their respective dividend percentages on the ex-dividend date, all else being equal.

Analysis

Three regional banks—Trustco Bank Corp. (TRST), TriCo Bancshares (TCBK), and Old National Bancorp (ONB)—are slated to trade ex-dividend on September 5, 2025. Based on current prices, these quarterly payouts represent varying yields for income-focused investors. TRST offers the most attractive annualized yield at 3.79%, based on its $0.38 dividend and $40.11 stock price. TCBK follows with a 3.16% annualized yield from its $0.36 dividend, while ONB provides a 2.47% yield from its $0.14 dividend. As a standard market technicality, share prices are expected to open lower on the ex-dividend date by the approximate value of the distribution: 0.95% for TRST, 0.79% for TCBK, and 0.62% for ONB, all else being equal. Recent trading activity shows divergence among the peers, with TRST and TCBK shares up 0.8% and 0.4% respectively, while ONB shares are down approximately 1%, indicating that the market is pricing in factors beyond the imminent dividend payments. The article correctly notes that dividend predictability is tied to profitability, making a review of historical dividend stability a critical due diligence step before committing capital based on current yields.

Key Decisions for Investors

• Investors prioritizing current income may find Trustco Bank Corp. (TRST) the most compelling of the three, given its superior estimated annualized yield of 3.79%.
• Anticipate a technical price drop in TRST, TCBK, and ONB on September 5, 2025, and do not interpret this mechanical adjustment as a negative fundamental signal.
• Before committing capital, verify the historical stability of each bank's dividend payments to assess the likelihood that the current declared dividends and resulting yields will be sustained.
• Holders of these stocks must decide whether to sell prior to the ex-dividend date to capture the dividend value in the stock price or to hold through the date to receive the cash payment, considering tax implications and the subsequent share price reduction.