ConnectOne Bancorp Inc. (CNOB) To Go Ex-Dividend on October 12th
ConnectOne Bancorp Inc. (NASDAQ:CNOB) declared a quarterly dividend on Monday, September 26th. Stockholders of record on Friday, October 14th will be given a dividend of 0.075 per share by the financial services provider on Tuesday, November 1st. This represents a $0.30 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Wednesday, October 12th.
ConnectOne Bancorp (NASDAQ:CNOB) opened at 18.21 on Friday. The company has a market capitalization of $549.89 million, a price-to-earnings ratio of 13.29 and a beta of 0.57. ConnectOne Bancorp has a 52-week low of $14.86 and a 52-week high of $19.69. The stock has a 50 day moving average price of $18.11 and a 200 day moving average price of $16.73.
ConnectOne Bancorp (NASDAQ:CNOB) last posted its quarterly earnings results on Friday, July 22nd. The financial services provider reported $0.38 EPS for the quarter, beating the consensus estimate of $0.31 by $0.07. ConnectOne Bancorp had a return on equity of 9.33% and a net margin of 25.89%. On average, equities analysts expect that ConnectOne Bancorp will post $1.42 earnings per share for the current year.
Several equities research analysts recently commented on CNOB shares. Zacks Investment Research cut ConnectOne Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, July 27th. FBR & Co reaffirmed a “buy” rating and issued a $21.00 price target on shares of ConnectOne Bancorp in a report on Monday, July 25th.
ConnectOne Bancorp Company Profile
ConnectOne Bancorp, Inc is a bank holding company of ConnectOne Bank (the Bank), a New Jersey-chartered commercial bank. The Company operates in community bank segment. The Bank offers a range of deposit and loan products, and services to the general public, small and middle-sized businesses, local professionals, and individuals residing, working and conducting business in its trade area.
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