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Ex-Dividend Reminder: McKesson, First Merchants and Old National Bancorp

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As a percentage of MCK's recent stock price of $461.89, this dividend works out to approximately 0.13%, so look for shares of McKesson Corp to trade 0.13% lower — all else being equal — when MCK shares open for trading on 11/30/23. Similarly, investors should look for FRME to open 1.11% lower in price and for ONB to open 0.96% lower, all else being equal.

Below are dividend history charts for MCK, FRME, and ONB, showing historical dividends prior to the most recent ones declared.

McKesson Corp (NYSE:MCK):

First Merchants Corp (NASDAQ:FRME):

Old National Bancorp (NASDAQ:ONB):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.54% for McKesson Corp, 4.44% for First Merchants Corp, and 3.86% for Old National Bancorp.

In Tuesday trading, McKesson Corp shares are currently up about 0.1%, First Merchants Corp shares are off about 1.4%, and Old National Bancorp shares are off about 0.8% on the day.