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 Northern New Jersey and New York Metropolitan area, and South Florida market. The company offers personal and business checking, retirement, money market, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers check cards, ATM cards, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, automated clearing house origination, mobile banking by phone, safe deposit boxes, and remote deposit capture services. It operates through a network of eight banking offices in Bergen County, five banking offices in Union County, one banking office in Morris County, one office in Essex County, one office in Hudson County, one office in Monmouth County, one banking office in Manhattan in New York City, one office in Nassau County on Long Island, one in Astoria, and five branches in the Hudson Valley, as well as one financial center in West Palm Beach in Palm Beach County. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
ConnectOne Bancorp Dividend Announcement
• ConnectOne Bancorp announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• ConnectOne Bancorp annual dividend for 2024 was $0.71
• ConnectOne Bancorp annual dividend for 2023 was $0.67
• ConnectOne Bancorp's trailing twelve-month (TTM) dividend yield is 2.9%
• ConnectOne Bancorp's payout ratio for the trailing twelve months (TTM) is 44.95%
• ConnectOne Bancorp's dividend growth over the last five years (2018-2023) was 17.26% year
• ConnectOne Bancorp's dividend growth over the last ten years (2013-2023) was 9.85% year
ConnectOne Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.18 | quarterly | 2024-12-02 |
2024-08-15 | $0.18 | quarterly | 2024-09-03 |
2024-05-14 | $0.18 | quarterly | 2024-06-03 |
2024-02-14 | $0.17 | quarterly | 2024-03-01 |
2023-11-14 | $0.17 | quarterly | 2023-12-01 |
2023-08-14 | $0.17 | quarterly | 2023-09-01 |
2023-05-12 | $0.17 | quarterly | 2023-06-01 |
2023-02-16 | $0.15 | quarterly | 2023-03-01 |
2022-11-10 | $0.15 | quarterly | 2022-12-01 |
2022-08-12 | $0.15 | quarterly | 2022-09-01 |
2022-05-13 | $0.15 | quarterly | 2022-06-01 |
2022-02-11 | $0.13 | quarterly | 2022-03-01 |
2021-11-12 | $0.13 | quarterly | 2021-12-01 |
2021-08-13 | $0.11 | quarterly | 2021-09-01 |
2021-05-14 | $0.11 | quarterly | 2021-06-01 |
2021-02-11 | $0.09 | quarterly | 2021-03-01 |
2020-11-13 | $0.09 | quarterly | 2020-12-01 |
2020-08-14 | $0.09 | quarterly | 2020-09-01 |
2020-04-24 | $0.09 | quarterly | 2020-05-04 |
2020-01-10 | $0.09 | quarterly | 2020-02-03 |
2019-10-10 | $0.09 | quarterly | 2019-11-01 |
2019-07-12 | $0.09 | quarterly | 2019-08-01 |
2019-04-12 | $0.09 | quarterly | 2019-05-01 |
2019-01-11 | $0.07 | quarterly | 2019-02-01 |
2018-10-12 | $0.07 | quarterly | 2018-11-01 |
2018-07-13 | $0.07 | quarterly | 2018-08-01 |
2018-04-13 | $0.07 | quarterly | 2018-05-01 |
2018-01-11 | $0.07 | quarterly | 2018-02-01 |
2017-10-13 | $0.07 | quarterly | 2017-11-01 |
2017-07-13 | $0.07 | quarterly | 2017-08-01 |
2017-04-12 | $0.07 | quarterly | 2017-05-01 |
2017-01-13 | $0.07 | quarterly | 2017-02-01 |
2016-10-12 | $0.07 | quarterly | 2016-11-01 |
2016-07-14 | $0.07 | quarterly | 2016-08-01 |
2016-04-14 | $0.07 | quarterly | 2016-05-02 |
2016-01-13 | $0.07 | quarterly | 2016-02-01 |
2015-10-13 | $0.07 | quarterly | 2015-11-02 |
2015-07-13 | $0.07 | quarterly | 2015-08-03 |
2015-04-13 | $0.07 | quarterly | 2015-05-01 |
2015-01-14 | $0.07 | quarterly | 2015-02-02 |
2014-10-15 | $0.07 | quarterly | 2014-11-03 |
2014-07-09 | $0.07 | quarterly | 2014-08-01 |
2014-04-09 | $0.07 | quarterly | 2014-05-01 |
2014-01-15 | $0.07 | quarterly | 2014-02-03 |
2013-10-15 | $0.07 | quarterly | 2013-11-01 |
2013-07-10 | $0.07 | quarterly | 2013-08-01 |
2013-04-10 | $0.06 | quarterly | 2013-05-01 |
2013-01-11 | $0.06 | quarterly | 2013-02-01 |
ConnectOne Bancorp Dividend per year
ConnectOne Bancorp Dividend growth
ConnectOne Bancorp Dividend Yield
ConnectOne Bancorp current trailing twelve-month (TTM) dividend yield is 2.9%. Interested in purchasing ConnectOne Bancorp stock? Use our calculator to estimate your expected dividend yield:
ConnectOne Bancorp Financial Ratios
ConnectOne Bancorp Dividend FAQ
Other factors to consider when evaluating ConnectOne Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: ConnectOne Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ConnectOne Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ConnectOne Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ConnectOne Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ConnectOne Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ConnectOne Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ConnectOne Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ConnectOne Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ConnectOne Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.