CNOB ConnectOne Bancorp dividend history, payout ratio & dates
- Stocks
- Financial Services
- NASDAQ: CNOB
- Dividend
ConnectOne Bancorp's most recent dividend was on Feb 18, 2025 (ex-date) with a cash dividend payment of $0.18 per share. On an annualized basis, the company has a current payout of $0.72 per share. This brings the dividend yield to 3.07% based on its recent close price.
Key dates
- CNOB last dividend date: Feb 18, 2025
CNOB dividend stats
vs. Financial Services sector
Dividend yield
ConnectOne Bancorp's dividend yield of 3.07% is above its peers average but below the Financial Services sector and the industry average. But compared to its Financial Services sector average of 3.14%, ConnectOne Bancorp's dividend yield is only 2.2% lower. Historically CNOB's dividend yield has averaged at 2.5% in the last 5 years, which is below the current yield.
Dividend history
ConnectOne Bancorp has been paying dividends since 1996. CNOB has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 6% for the last year. But since the stock price has gone up by 19% from a year ago, the dividend yield has decreased by 11%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 18, 2025 | $0.18 | 2.68% |
| Nov 15, 2024 | $0.18 | 2.62% |
| Aug 15, 2024 | $0.18 | 3.16% |
| May 14, 2024 | $0.18 | 3.48% |
| Feb 14, 2024 | $0.17 | 3.39% |
| Nov 14, 2023 | $0.17 | 3.5% |
| Aug 14, 2023 | $0.17 | 3.16% |
| May 12, 2023 | $0.17 | 4.69% |
| Feb 16, 2023 | $0.155 | 2.58% |
| Nov 10, 2022 | $0.155 | 2.38% |
| Aug 12, 2022 | $0.155 | 2.02% |
| May 13, 2022 | $0.155 | 1.97% |
| Feb 11, 2022 | $0.13 | 1.47% |
| Nov 12, 2021 | $0.13 | 1.26% |
| Aug 13, 2021 | $0.11 | 1.38% |
| May 14, 2021 | $0.11 | 1.36% |
| Feb 11, 2021 | $0.09 | 1.59% |
| Nov 13, 2020 | $0.09 | 2.07% |
| Aug 14, 2020 | $0.09 | 2.34% |
| Apr 24, 2020 | $0.09 | 2.66% |
| Jan 10, 2020 | $0.09 | 1.43% |
| Oct 10, 2019 | $0.09 | 1.57% |
| Jul 12, 2019 | $0.09 | 1.42% |
| Apr 12, 2019 | $0.09 | 1.51% |
| Jan 11, 2019 | $0.075 | 1.56% |
| Oct 12, 2018 | $0.075 | 1.35% |
| Jul 13, 2018 | $0.075 | 1.2% |
| Apr 13, 2018 | $0.075 | 1.06% |
| Jan 11, 2018 | $0.075 | 1.05% |
| Oct 13, 2017 | $0.075 | 1.2% |
| Jul 13, 2017 | $0.075 | 1.31% |
| Apr 12, 2017 | $0.075 | 1.28% |
| Jan 13, 2017 | $0.075 | 1.19% |
| Oct 12, 2016 | $0.075 | 1.64% |
| Jul 14, 2016 | $0.075 | 1.82% |
| Apr 14, 2016 | $0.075 | 1.81% |
| Jan 13, 2016 | $0.075 | 1.74% |
| Oct 13, 2015 | $0.075 | 1.67% |
| Jul 13, 2015 | $0.075 | 1.37% |
| Apr 13, 2015 | $0.075 | 1.52% |
| Jan 14, 2015 | $0.075 | 1.66% |
ConnectOne Bancorp dividend payout ratio
Payout ratio
ConnectOne Bancorp's payout ratio of 38.7% is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 44.1%, ConnectOne Bancorp's payout ratio is 12% lower.
Total amount of dividends paid per financial year (from cash flow)
CNOB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VLY Valley National Bancorp | 4.94% | $0.44 | 62.9% |
| PKBK Parke Bancorp Inc | 3.62% | $0.72 | 31.3% |
| CNOB ConnectOne Bancorp Inc | 2.98% | $0.72 | 38.7% |
| UNTY Unity Bancorp Inc | 1.2% | $0.53 | 12.8% |
| PGC Peapack Gladstone Financial Corp | 0.7% | $0.2 | 10.7% |
Frequently asked questions
Does ConnectOne Bancorp pay a dividend?
Yes, ConnectOne Bancorp has paid four dividends in the last 12 months. CNOB has been paying dividends since 1996.
When was CNOB's last dividend?
ConnectOne Bancorp's last dividend ex-date was on Feb 18, 2025. The dividend amount was $0.18 per share.
How much dividend does ConnectOne Bancorp pay (per share)?
On an annual basis CNOB pays $0.72 per share.
What is ConnectOne Bancorp's dividend yield?
ConnectOne Bancorp's current dividend yield is 3.07%.
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 38.7%.
Does ConnectOne Bancorp pay a good dividend?
ConnectOne Bancorp's dividend yield is similar to the Financial Services sector average.
Special dividends are included in TTM DPS and yield.