ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) Announces Dividend Increase – $0.56 Per Share

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) announced a quarterly dividend on Thursday, October 22nd. Shareholders of record on Friday, November 13th will be paid a dividend of $0.5566 per share on Tuesday, December 1st. This represents a $2.23 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date of this dividend is Friday, November 13th. This is a 69.6% increase from ConnectOne Bancorp’s previous quarterly dividend of $0.3281.

ConnectOne Bancorp Stock Down 0.1%

CNOBP stock traded down $0.03 during midday trading on Thursday, reaching $25.24. 274 shares of the company’s stock traded hands, compared to its average volume of 5,878. ConnectOne Bancorp has a 52-week low of $23.82 and a 52-week high of $25.51. The stock’s 50-day moving average is $25.27 and its 200 day moving average is $25.06.

About ConnectOne Bancorp

(Get Free Report)

ConnectOne Bancorp, Inc is the bank holding company for ConnectOne Bank, a full-service commercial bank serving businesses, nonprofit organizations, professionals and individuals. The bank provides deposit accounts, commercial and residential real estate lending, commercial and industrial loans, construction financing, consumer loans and other traditional banking services.

ConnectOne also offers treasury management, cash management, online and mobile banking, private banking and wealth management services.

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Dividend History for ConnectOne Bancorp (NASDAQ:CNOBP)

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