Shares of ConnectOne Bancorp, Inc. (NASDAQ:CNOBP – Get Free Report) shot up 0.2% during trading on Wednesday . The stock traded as high as $19.97 and last traded at $19.83. 996 shares traded hands during trading, a decline of 89% from the average session volume of 9,471 shares. The stock had previously closed at $19.79.
ConnectOne Bancorp Price Performance
The stock’s 50 day simple moving average is $19.47 and its 200-day simple moving average is $18.56.
ConnectOne Bancorp Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were paid a $0.3281 dividend. This represents a $1.31 annualized dividend and a dividend yield of 6.62%. The ex-dividend date was Wednesday, February 14th. This is a positive change from ConnectOne Bancorp’s previous quarterly dividend of $0.33.
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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