ConnectOne Bancorp (NASDAQ:CNOBP) Trading 0.1% Higher – Time to Buy?

ConnectOne Bancorp, Inc. (NASDAQ:CNOBP) was up 0.1% during mid-day trading on Thursday . The company traded as high as $24.50 and last traded at $24.41. Approximately 4,813 shares changed hands during trading, a decline of 17% from the average daily volume of 5,781 shares. The stock had previously closed at $24.38.

ConnectOne Bancorp Price Performance

The stock’s fifty day moving average is $24.20 and its two-hundred day moving average is $23.85.

ConnectOne Bancorp Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were paid a $0.3281 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.31 annualized dividend and a dividend yield of 5.4%.

ConnectOne Bancorp Company Profile

ConnectOne Bancorp, Inc is the bank holding company for ConnectOne Bank, a regional commercial bank headquartered in Englewood Cliffs, New Jersey. Established through the 2006 merger of Northern Jersey Bancorp and Bergen Bancorp, ConnectOne Bank focuses on serving small- to middle-market businesses, professional firms and individual customers. The company’s core business activities include commercial lending, specialty finance, treasury management and deposit services.

ConnectOne Bank provides a comprehensive suite of financial products and services.