# ConnectOne Declares $0.556620 Dividend Per Series A Depositary Share

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/38509
Published: 2026-10-23T00:21:51.000Z
Updated: 2026-10-23T00:21:51.000Z
Section: Business

> The Dec. 1 payment is about 69.6% higher than the Sept. 1 distribution. The preferred stock’s rate began resetting to a Treasury-linked formula on Sept. 1.

ConnectOne Bancorp declared a $0.556620 dividend for each Series A depositary share, with the Dec. 1 payment marking a roughly 69.6% increase from the previous distribution.

Holders of record Nov. 13 qualify for the payment. The prior distribution was $0.328125 per depositary share and was payable Sept. 1. The depositary shares trade as CNOBP, and each represents a 1/40 interest in a Series A preferred share.

The preferred stock’s 5.25% fixed-rate period ended Sept. 1. Its rate now resets based on the five-year Treasury rate on that date plus 4.42% per year. The stock pays quarterly dividends when declared by the board, and its dividends are noncumulative.

ConnectOne also declared a $0.195 dividend per common share, payable Dec. 1 to holders of record Nov. 13.