ConnectOne Bancorp (CNOB) Raises Quarterly Dividend 20% to $0.09; 1.8% Yield

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Go back to ConnectOne Bancorp (CNOB) Raises Quarterly Dividend 20% to $0.09; 1.8% Yield

ConnectOne Bancorp, Inc. Increases Quarterly Common Stock Cash Dividend

March 27, 2019 7:00 AM EDT

ENGLEWOOD CLIFFS, N.J., March 27, 2019 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the Company or ConnectOne), parent company of ConnectOne Bank (the Bank), announced today that its Board of Directors increased the Companys quarterly cash dividend on its common stock by 20% to $0.09 per share.  The dividend will be paid May 1, 2019, to shareholders of record on April 15, 2019.  The $0.09 per share represents an increase of $0.015 per share over the previous quarterly cash dividend of $0.075 per share.

Frank Sorrentino, ConnectOnes Chairman and Chief Executive Officer stated, This dividend increase reflects our consistently strong... More