ConnectOne Bancorp (NASDAQ:CNOBP) Stock Price Up 0.2% – Time to Buy?

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP)’s share price shot up 0.2% during mid-day trading on Friday . The stock traded as high as $24.50 and last traded at $24.46. 6,413 shares changed hands during trading, a decline of 13% from the average session volume of 7,400 shares. The stock had previously closed at $24.40.

ConnectOne Bancorp Stock Performance

The stock has a fifty day simple moving average of $24.55 and a 200-day simple moving average of $24.19.

ConnectOne Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were issued a dividend of $0.3281 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.31 annualized dividend and a dividend yield of 5.4%.

About ConnectOne Bancorp

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.