Shares of ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $25.33 and traded as low as $24.80. ConnectOne Bancorp shares last traded at $24.98, with a volume of 28,336 shares.
ConnectOne Bancorp Trading Down 1.7%
The business’s fifty day simple moving average is $25.33 and its two-hundred day simple moving average is $24.98.
ConnectOne Bancorp Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be given a $0.5566 dividend. This is a positive change from ConnectOne Bancorp’s previous quarterly dividend of $0.3281. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.23 dividend on an annualized basis and a dividend yield of 8.9%.
ConnectOne Bancorp Company Profile
ConnectOne Bancorp, Inc. is the bank holding company for ConnectOne Bank, a community bank headquartered in Englewood Cliffs, New Jersey. The bank serves businesses, professionals and individuals in New Jersey and the New York metropolitan area. ConnectOne Bank offers commercial and consumer banking services, including deposit accounts, business and personal loans, and cash management. Customers can also access banking through digital channels and the bank’s branch network.
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