ConnectOne Bancorp (NASDAQ:CNOBP) Shares Up 0.1% – Still a Buy?

Shares of ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) rose 0.1% during trading on Tuesday . The company traded as high as $24.13 and last traded at $24.1150. Approximately 5,946 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 6,865 shares. The stock had previously closed at $24.09.

ConnectOne Bancorp Stock Up 0.1%

The stock’s 50-day moving average price is $24.03 and its 200 day moving average price is $23.50.

ConnectOne Bancorp (NASDAQ:CNOBP) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.52 earnings per share (EPS) for the quarter. The business had revenue of $67.04 million during the quarter.

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 issued a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a yield of 5.4%. The ex-dividend date was Friday, November 14th.

ConnectOne Bancorp Company Profile

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.