Company: OSBC
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001558370-25-002383
Chunk: 12

Company: OLD SECOND BANCORP INC
Filing Date: 2025-03-06
Form: 10-K
Item: Item 5
Chunk 12
---
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

​

For information regarding securities authorized for issuance under the Company’s equity compensation plans, see Part III, Item 12.

​

Market for the Company’s Common Stock

​

Our common stock trades on the NASDAQ Global Select Market under the symbol “OSBC.” As of December 31, 2024, we had 1,154 stockholders of record for our common stock.  The following table sets forth the high and low trading prices of our common stock on the NASDAQ Global Select Market, and information about declared dividends during each quarter for 2024 and 2023.

​

​​​​​​​​​​​​​​​​​​​​​​2024​2023 ​        High            Low        Dividend         High            Low        Dividend  First quarter​$ 15.85​$ 13.00​$ 0.05​$ 17.70​$ 13.11​$ 0.05​Second quarter​  14.99​  13.20​  0.05​  14.29​  10.79​  0.05​Third quarter​  17.46​  14.41​  0.05​  16.47​  12.69​  0.05​Fourth quarter​  19.37​  14.78​  0.06​  16.76​  13.08​  0.05​

​

Dividends

​

The Company’s stockholders are entitled to receive dividends when, as and if declared by the board of directors out of funds legally available therefor.  The Company’s ability to pay dividends to stockholders is largely dependent upon the dividends it receives from the Bank; however, certain regulatory restrictions and the terms of its debt and equity securities, limit the amount of cash dividends it may pay.  See “Supervision and Regulation—Regulation and Supervision of the Bank.”

​

Although we currently expect to continue to pay quarterly dividends, any future determination relating to our dividend policy will be made by our board of directors and will depend on a number of factors, including: (1) our historic and projected financial condition, liquidity and results of operations, (2) our capital levels and needs, (