ConnectOne Bancorp, Inc. Depositary Shares, each representing a 1/40th interest in a share of 5.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A
CNOBPConnectOne Bancorp, Inc. Depositary Shares (CNOBP) represent a 1/40th interest in a share of the company’s 5.25% fixed-rate reset non-cumulative perpetual preferred stock, Series A. These shares provide investors with a fixed dividend rate and priority over common stockholders for dividend payments and liquidation proceeds, offering an income-focused investment option within ConnectOne Bancorp’s capital structure.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 1, 2025 | $0.33 | 2025-11-14 | 2025-11-14 |
| September 2, 2025 | $0.33 | 2025-08-15 | 2025-08-15 |
| June 2, 2025 | $0.33 | 2025-05-15 | 2025-05-15 |
| March 3, 2025 | $0.33 | 2025-02-18 | 2025-02-18 |
| December 2, 2024 | $0.33 | 2024-11-15 | 2024-11-15 |
Dividends Summary
- Consistent Payer: ConnectOne Bancorp, Inc. Depositary Shares, each representing a 1/40th interest in a share of 5.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A has rewarded shareholders with 16 dividend payments over the past 4 years.
- Total Returned Value: Investors who held CNOBP shares during this period received a total of $5.29 per share in dividend income.
- Latest Payout: The most recent dividend of $0.33/share was paid 53 days ago, on December 1, 2025.
- Yield & Schedule: CNOBP currently pays dividends quarterly with an annual yield of 5.37%.
- Dividend Growth: Since 2021, the dividend payout has decreased by 11.8%, from $0.37 to $0.33.
- Dividend Reliability: CNOBP has maintained or increased its dividend for 15 consecutive payments.
Company News
ConnectOne Bancorp, Inc. reported its fourth quarter and full-year 2024 results, and declared common and preferred dividends. The company operates through its subsidiary ConnectOne Bank and fintech subsidiary BoeFly, Inc.
Keefe, Bruyette & Woods upgraded ConnectOne Bancorp to Outperform and raised the price target to $32, citing multiple growth catalysts such as the merger with The First of Long Island Corporation, organic net interest margin expansion, and benefits from additional Fed rate cuts.
ConnectOne Bancorp, Inc. and The First of Long Island Corporation have received shareholder approval for their proposed merger. The combined company will operate under the ConnectOne brand and have approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans.
ConnectOne Bancorp, Inc. (CNOB) announced that it will release its third quarter 2024 results on October 24, 2024, and host a conference call to discuss the financial performance and operating results.
