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CNOB ConnectOne Bancorp dividend history, payout ratio & dates

ConnectOne Bancorp's most recent quarterly dividend was on Nov 11, 2022 (ex-date) with a cash dividend payment of $0.155 per share. On an annualized basis, the company has a current payout of $0.62 per share. This brings the dividend yield to 2.42% based on its recent close price.

Key dates

  • CNOB last dividend date: Nov 11, 2022
  • CNOB next dividend date: Not announced
CNOB dividend stats
DPS
$0.62
Dividend yield
2.42%
Payout ratio
20.5%
vs. Financial Services sector
Dividend yield
2.68%
Payout ratio
30.6%

Dividend yield

What is ConnectOne Bancorp current dividend yield

ConnectOne Bancorp's dividend yield of 2.42% is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.68%, ConnectOne Bancorp's dividend yield is 10% lower. Historically CNOB's dividend yield has averaged at 1.7% in the last 5 years, which is below the current yield.

Dividend history

What is CNOB dividend payout history and dates

ConnectOne Bancorp has been paying dividends since 1996. CNOB has issued five quarterly dividends in the last twelve months. The annualized DPS has increased by 41% for the last year. And since the stock price has gone down by 23% from a year ago, the dividend yield has increased by 82%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 11, 2022 Dec 1, 2022 Oct 27, 2022 $0.155 normal
Nov 10, 2022 Dec 1, 2022 Oct 27, 2022 $0.155 normal
Aug 12, 2022 Sep 1, 2022 Jul 28, 2022 $0.155 normal
May 13, 2022 Jun 1, 2022 Apr 28, 2022 $0.155 normal
Feb 11, 2022 Mar 1, 2022 Jan 27, 2022 $0.13 normal
Nov 12, 2021 Dec 1, 2021 $0.13 normal
Aug 13, 2021 Sep 1, 2021 Jul 29, 2021 $0.11 normal
May 14, 2021 Jun 1, 2021 Apr 29, 2021 $0.11 normal
Feb 11, 2021 Mar 1, 2021 Jan 28, 2021 $0.09 normal
Nov 13, 2020 Dec 1, 2020 Oct 29, 2020 $0.09 normal
Aug 14, 2020 Sep 1, 2020 Jul 30, 2020 $0.09 normal
Apr 24, 2020 May 4, 2020 Apr 14, 2020 $0.09 normal
Jan 10, 2020 Feb 3, 2020 Dec 27, 2019 $0.09 normal
Oct 10, 2019 Nov 1, 2019 Sep 25, 2019 $0.09 normal
Jul 12, 2019 Aug 1, 2019 Jun 26, 2019 $0.09 normal
Apr 12, 2019 May 1, 2019 Mar 27, 2019 $0.09 normal
Jan 11, 2019 Feb 1, 2019 Dec 19, 2018 $0.075 normal
Oct 12, 2018 Nov 1, 2018 Sep 26, 2018 $0.075 normal
Jul 13, 2018 Aug 1, 2018 Jun 27, 2018 $0.075 normal
Apr 13, 2018 May 1, 2018 Mar 28, 2018 $0.075 normal
Jan 11, 2018 Feb 1, 2018 Dec 20, 2017 $0.075 normal
Oct 13, 2017 Nov 1, 2017 Sep 27, 2017 $0.075 normal
Jul 13, 2017 Aug 1, 2017 Jun 27, 2017 $0.075 normal
Apr 12, 2017 May 1, 2017 Mar 24, 2017 $0.075 normal
Jan 13, 2017 Feb 1, 2017 Dec 21, 2016 $0.075 normal
Oct 12, 2016 Nov 1, 2016 Sep 21, 2016 $0.075 normal
Jul 14, 2016 Aug 1, 2016 Jun 29, 2016 $0.075 normal

ConnectOne Bancorp dividend payout ratio

What is ConnectOne Bancorp dividend payout ratio compared to the sector

Payout ratio

ConnectOne Bancorp's payout ratio of 20.5% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.6%, ConnectOne Bancorp's payout ratio is 33% lower.

Total amount of dividends paid per financial year (from cash flow)

CNOB dividend vs peer dividends

How does CNOB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
VLY Valley National Bancorp 3.57% $0.44 41.1%
PKBK Parke Bancorp Inc 3.05% $0.66 19%
CNOB ConnectOne Bancorp Inc 2.42% $0.62 20.5%
UNTY Unity Bancorp Inc 1.49% $0.42 11.5%
PGC Peapack Gladstone Financial Corp 0.5% $0.2 5.3%

Frequently asked questions

Does ConnectOne Bancorp pay a dividend?

Yes, ConnectOne Bancorp has paid five dividends in the last 12 months. CNOB has been paying dividends since 1996.

When is ConnectOne Bancorp's next dividend?

Currently CNOB's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.

When was CNOB's last dividend?

ConnectOne Bancorp's last dividend ex-date was on Nov 11, 2022. The dividend amount was $0.155 per share.

How much dividend does ConnectOne Bancorp pay (per share)?

On an annual basis CNOB pays $0.62 per share.

What is ConnectOne Bancorp's dividend yield?

ConnectOne Bancorp's current dividend yield is 2.42%.

How often does ConnectOne Bancorp pay dividends?

ConnectOne Bancorp pays dividends quarterly.

What is ConnectOne Bancorp's dividend payout ratio?

The dividend payout ratio of ConnectOne Bancorp is 20.5%.

Does ConnectOne Bancorp pay a good dividend?

ConnectOne Bancorp's dividend yield is below the Financial Services sector average.