ConnectOne Bancorp, Inc. (NASDAQ:CNOB) will begin trading ex-dividend on November 13, 2020. The quarterly dividend payment of $ 0.09 per share is scheduled to be paid on December 1, 2020. The dividend yield based on the latest trading day closing price was 2.08 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 13, 2020.
Dividends History
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ConnectOne Bancorp, Inc. recently reported third quarter financial results on October 29, 2020, before market open, the Englewood Cliffs based company unfold income for the third quarter of $ 0.62 per share, from the revenue of $ 60.55 million. The quarterly earnings boosted 3.33 percent while revenues elevated 25.08 percent compared with the same quarter last year.
Wall street analysts are predicting, CNOB to report 3Q20 income of $ 0.56 per share from revenue of $ 60.69 million. The bottom line results beat street analysts by $ 0.06 or 10.71 percent, at the same time, top line results fell short of analysts by $ 0.14 million or 0.23 percent.
Stock Performance
Shares of ConnectOne Bancorp, Inc. traded low $ -1.04 or -5.66 percent on Wednesday, reaching $ 17.32 with volume of 210.00 thousand shares. ConnectOne Bancorp, Inc. has traded high as $ 18.41 and has cracked $ 17.13 on the downward trend
The closing price of $ 17.32, representing a 107.22 % increase from the 52 week low of $ 8.86 and a 30.72 % decrease over the 52 week high of $ 26.50.
The company has a market capital of $ 688.71 million and is part of the Financial Services sector and Banks – Regional – US industry.
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a state chartered bank that provides various commercial banking products and services. The company offers a range of deposit products, including personal and business checking accounts, retirement accounts, money market accounts, and time and savings accounts.
