Northfield Bancorp, Inc. (NFBK) To Go Ex-Dividend on November 5th

Northfield Bancorp, Inc. (NASDAQ:NFBK) declared a quarterly dividend on Wednesday, October 22nd. Stockholders of record on Wednesday, November 5th will be paid a dividend of 0.13 per share by the bank on Wednesday, November 19th. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Wednesday, November 5th.

Northfield Bancorp has raised its dividend payment by an average of 0.0%annually over the last three years. Northfield Bancorp has a payout ratio of 40.0% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

Shares of NASDAQ NFBK opened at $10.22 on Monday. The stock has a market cap of $427.31 million, a PE ratio of 10.54 and a beta of 0.85. Northfield Bancorp has a fifty-two week low of $9.40 and a fifty-two week high of $14.39. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a fifty day moving average of $11.42 and a 200-day moving average of $11.36.

Northfield Bancorp (NASDAQ:NFBK) last announced its quarterly earnings results on Wednesday, October 22nd. The bank reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Northfield Bancorp had a return on equity of 5.20% and a net margin of 14.92%.The company had revenue of $39.24 million during the quarter, compared to analysts’ expectations of $39.10 million. Equities research analysts anticipate that Northfield Bancorp will post 0.82 earnings per share for the current year.

Northfield Bancorp Company Profile

Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; and brokered deposits.