Shares of ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) rose 0.2% during trading on Wednesday . The company traded as high as $19.97 and last traded at $19.83. Approximately 996 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 9,471 shares. The stock had previously closed at $19.79.
ConnectOne Bancorp Stock Up 1.5 %
The stock has a 50 day simple moving average of $19.49 and a 200 day simple moving average of $18.58.
ConnectOne Bancorp Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a dividend of $0.3281 per share. The ex-dividend date was Wednesday, February 14th. This is an increase from ConnectOne Bancorp’s previous quarterly dividend of $0.33. This represents a $1.31 annualized dividend and a dividend yield of 6.57%.
About ConnectOne Bancorp
ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.
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