ConnectOne Bancorp (NASDAQ:CNOBP) Trading 0.1% Higher – Still a Buy?

ConnectOne Bancorp, Inc. (NASDAQ:CNOBPGet Free Report) shares shot up 0.1% during trading on Thursday . The stock traded as high as $24.50 and last traded at $24.41. 4,813 shares traded hands during trading, a decline of 17% from the average session volume of 5,781 shares. The stock had previously closed at $24.38.

ConnectOne Bancorp Price Performance

The business’s 50-day moving average is $24.20 and its two-hundred day moving average is $23.83.

ConnectOne Bancorp Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were given a $0.3281 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.4%.

About ConnectOne Bancorp

(Get Free Report)

ConnectOne Bancorp, Inc is the bank holding company for ConnectOne Bank, a regional commercial bank headquartered in Englewood Cliffs, New Jersey. Established through the 2006 merger of Northern Jersey Bancorp and Bergen Bancorp, ConnectOne Bank focuses on serving small- to middle-market businesses, professional firms and individual customers. The company’s core business activities include commercial lending, specialty finance, treasury management and deposit services.

ConnectOne Bank provides a comprehensive suite of financial products and services.

Further Reading

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