ConnectOne Bancorp's most recent dividend was on Aug 15, 2024 (ex-date) with a cash dividend payment of $0.18 per share. On an annualized basis, the company has a current payout of $0.7 per share. This brings the dividend yield to 2.81% based on its recent close price.
ConnectOne Bancorp's dividend yield of 2.81% is above its peers average but below the Financial Services sector and the industry average. But compared to its Financial Services sector average of 2.91%, ConnectOne Bancorp's dividend yield is only 3.4% lower. Historically CNOB's dividend yield has averaged at 2.4% in the last 5 years, which is below the current yield.
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 8% for the last year. But since the stock price has gone up by 41% from a year ago, the dividend yield has decreased by 24%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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's payout ratio of 38% is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 43.2%, ConnectOne Bancorp's payout ratio is 12% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
VLY Valley National Bancorp | 4.92% | $0.44 | 62% |
PKBK Parke Bancorp Inc | 3.53% | $0.72 | 39.6% |
CNOB ConnectOne Bancorp Inc | 2.81% | $0.7 | 38% |
UNTY Unity Bancorp Inc | 1.56% | $0.51 | 13.3% |
PGC Peapack Gladstone Financial Corp | 0.73% | $0.2 | 10.6% |
Yes, ConnectOne Bancorp has paid four dividends in the last 12 months. CNOB has been paying dividends since 1996.
ConnectOne Bancorp's last dividend ex-date was on Aug 15, 2024. The dividend amount was $0.18 per share.
On an annual basis CNOB pays $0.7 per share.
ConnectOne Bancorp's current dividend yield is 2.81%.
ConnectOne Bancorp pays dividends quarterly.
The dividend payout ratio of ConnectOne Bancorp is 38%.
ConnectOne Bancorp's dividend yield is similar to the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.