ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Updates On Quarterly Dividend


As per ConnectOne Bancorp, Inc. (NASDAQ:CNOB) statement on 2016-06-29, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.075 per share as dividend to stakeholders. The record date is set as 2016-07-18, the payout date as 2016-08-01 and the ex-dividend date is 2016-07-14.

Last fiscal ConnectOne Bancorp, Inc. (NASDAQ:CNOB) disbursed cash dividend of $0.075. A year ago, the payout was $0.075, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.075, implying 20.1124% growth.

For the period ended on 2015-12-31, ConnectOne Bancorp, Inc. (NASDAQ:CNOB)’s earnings came at $0.38 per share compared to EPS of $0.36 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-28. For this quarter, the analysts have earnings estimate of $0.33 per share.

The interim price target for ConnectOne Bancorp, Inc. (NASDAQ:CNOB) is set at $21. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for ConnectOne Bancorp, Inc. (NASDAQ:CNOB) is seen at $23 and the lowest level is established at $19. This broad range highlights a standard deviation of $1.632 in reported estimates.

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