ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) shares passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $25.33 and traded as low as $24.80. ConnectOne Bancorp shares last traded at $24.98, with a volume of 28,336 shares.
ConnectOne Bancorp Trading Down 1.7%
The stock has a 50-day moving average price of $25.33 and a 200 day moving average price of $24.98.
ConnectOne Bancorp Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a dividend of $0.5566 per share. The ex-dividend date is Friday, November 13th. This represents a $2.23 dividend on an annualized basis and a yield of 8.9%. This is a boost from ConnectOne Bancorp’s previous quarterly dividend of $0.3281.
ConnectOne Bancorp Company Profile
ConnectOne Bancorp, Inc. is the bank holding company for ConnectOne Bank, a community bank headquartered in Englewood Cliffs, New Jersey. The bank serves businesses, professionals and individuals in New Jersey and the New York metropolitan area. ConnectOne Bank offers commercial and consumer banking services, including deposit accounts, business and personal loans, and cash management. Customers can also access banking through digital channels and the bank’s branch network.
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