Northfield Bancorp, Inc. (NASDAQ:NFBK) Announces Quarterly Dividend of $0.13

Northfield Bancorp, Inc. (NASDAQ:NFBK) announced a quarterly dividend on Monday, February 2nd. Stockholders of record on Thursday, February 12th will be given a dividend of 0.13 per share by the bank on Wednesday, February 25th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, February 12th.

Northfield Bancorp has raised its dividend by an average of 0.0%annually over the last three years. Northfield Bancorp has a payout ratio of 40.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Northfield Bancorp to earn $1.14 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 45.6%.

Northfield Bancorp Stock Performance

Shares of Northfield Bancorp stock opened at $13.79 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.31. The company has a market cap of $576.42 million, a PE ratio of 14.22 and a beta of 0.85. Northfield Bancorp has a 52 week low of $9.40 and a 52 week high of $13.99. The business has a 50 day moving average price of $11.73 and a 200-day moving average price of $11.33.

About Northfield Bancorp

Northfield Bancorp is the bank holding company for Northfield Bank, a New Jersey‐based community bank offering a full range of financial products and services. Headquartered in New Jersey, the company serves individuals, families and small to mid‐sized businesses across Northern and Central New Jersey. Northfield Bancorp focuses on building lasting customer relationships through a combination of personalized service and technology‐driven solutions.

Through its subsidiary, Northfield Bank provides personal banking services such as checking and savings accounts, consumer loans, mortgage products and home equity lines of credit.