Old Second Bancorp stock (US6802771031): Dividend declared for common and preferred shares

Old Second Bancorp declared quarterly dividends on May 13, 2026, with common shareholders receiving $0.145 per share and preferred stockholders receiving $17.50 per share, payable in June and August respectively.

Old Second Bancorp announced dividend declarations on May 13, 2026, maintaining its regular capital return program to shareholders. The Board of Directors declared a quarterly cash dividend of $0.145 per share on common stock, payable June 15, 2026, to shareholders of record as of June 5, 2026, according to Barchart as of May 13, 2026.

As of: May 14, 2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Old Second Bancorp, Inc.
• Ticker: OSBC (NASDAQ)
• Sector/industry: Regional banking
• Headquarters/country: Aurora, Illinois, United States
• Core business: Community banking, commercial and consumer lending
• Trading currency: USD

Old Second Bancorp: core business model

Old Second Bancorp operates as a regional bank holding company serving customers across Illinois and surrounding markets. The company provides traditional banking services including deposit products, commercial lending, consumer lending, and wealth management solutions through its Old Second Bank subsidiary. As a community-focused financial institution, Old Second maintains a retail and commercial banking presence with emphasis on relationship banking and personalized service to small and mid-sized businesses and individual customers in the Midwest.

Preferred and common dividend structure

In addition to the common stock dividend, the Board declared a quarterly cash dividend of $17.50 per share on Old Second's 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (NASDAQ: OSBC.PR.A) and Series C (NASDAQ: OSBC.PR.C), payable August 20, 2026, to shareholders of record as of August 5, 2026. This dual dividend structure reflects the company's capital management strategy, providing returns to both equity and preferred shareholders while maintaining regulatory capital requirements typical of regional banking institutions.

Regional banking dividend trends

Dividend declarations remain a standard practice among regional banks as they balance shareholder returns with capital preservation and regulatory compliance. Community banks like Old Second typically maintain consistent quarterly dividend policies to attract income-focused investors and demonstrate financial stability. The timing and level of dividends often reflect management's confidence in earnings generation and asset quality within the regional lending portfolio.

Conclusion

Old Second Bancorp's May 2026 dividend declarations signal continued commitment to shareholder returns across both common and preferred equity classes. The staggered payment schedule—with common dividends in June and preferred dividends in August—reflects standard banking practice for managing shareholder distributions. For income-focused investors in the regional banking sector, dividend-paying institutions like Old Second remain relevant components of diversified portfolios, though all equity investments carry market risk and performance depends on broader economic conditions and competitive dynamics in community banking.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.