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ConnectOne Bancorp (ConnectOne Bancorp) 3-Year Dividend Growth Rate : 22.70% (As of Dec. 2023)


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What is ConnectOne Bancorp 3-Year Dividend Growth Rate?

ConnectOne Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.17.

The historical rank and industry rank for ConnectOne Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

CNOB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -30.1   Med: 6.3   Max: 35.7
Current: 22.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ConnectOne Bancorp was 35.70% per year. The lowest was -30.10% per year. And the median was 6.30% per year.

CNOB's 3-Year Dividend Growth Rate is ranked better than
82.16% of 779 companies
in the Banks industry
Industry Median: 7.5 vs CNOB: 22.70

During the past 12 months, ConnectOne Bancorp's average Dividends Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

ConnectOne Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.37. As of today, ConnectOne Bancorp's Dividend Yield % is 3.62%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of ConnectOne Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, ConnectOne Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ConnectOne Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ConnectOne Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where ConnectOne Bancorp's 3-Year Dividend Growth Rate falls into.



ConnectOne Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


ConnectOne Bancorp  (NAS:CNOB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

ConnectOne Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.17/ 0.46
=0.37

During the past 13 years, the highest Dividend Payout Ratio of ConnectOne Bancorp was 0.32. The lowest was 0.14. And the median was 0.20.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

ConnectOne Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1702024-02-142024-02-152024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-08-142023-08-152023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-05-122023-05-152023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

ConnectOne Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.68/18.69
=3.64 %

Current Share Price is $18.69.
ConnectOne Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.68.

During the past 13 years, the highest Dividend Yield of ConnectOne Bancorp was 4.58%. The lowest was 0.96%. And the median was 1.54%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ConnectOne Bancorp 3-Year Dividend Growth Rate Related Terms>


ConnectOne Bancorp (ConnectOne Bancorp) Business Description

Traded in Other Exchanges
Address
301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.
Executives
Stephen T. Boswell director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
William Thompson director C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Daniel E Rifkin director C/O CONNECTONE BANK, 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Christopher J. Ewing officer: EVP & Chief Operations Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Katherin Nukk-freeman director C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Joseph Jr. Parisi director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank Iii Sorrentino director, officer: Chairman, President & CEO CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Anson M. Moise director C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Michael O'malley officer: EVP & Chief Risk Officer C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank Iii Huttle director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank W Baier director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Mark Sokolich director 204 MAIN STREET, FORT LEE NJ 07024
William S Burns officer: EVP & Chief Financial Officer C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Laura Criscione officer: EVP & Chief Compliance Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632