Published on 9 Aug 2023 on Simply Wall St. via Yahoo Finance

Be Sure To Check Out ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Before It Goes Ex-Dividend

ConnectOne Bancorp, Inc. (NASDAQ:CNOB) is about to trade ex-dividend in the next 4 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Meaning, you will need to purchase ConnectOne Bancorp's shares before the 14th of August to receive the dividend, which will be paid on the 1st of September.

The company's upcoming dividend is US$0.17 a share, following on from the last 12 months, when the company distributed a total of US$0.68 per share to shareholders. Based on the last year's worth of payments, ConnectOne Bancorp has a trailing yield of 3.2% on the current stock price of $21.49. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether ConnectOne Bancorp can afford its dividend, and if the dividend could grow.

View our latest analysis for ConnectOne Bancorp