Northfield Bancorp, Inc. (NFBK) Raises Dividend to $0.10 Per Share

Northfield Bancorp, Inc. (NASDAQ:NFBK) declared a quarterly dividend on Wednesday, October 25th, NASDAQ reports. Shareholders of record on Wednesday, November 8th will be paid a dividend of 0.10 per share by the bank on Wednesday, November 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Tuesday, November 7th. This is a boost from Northfield Bancorp’s previous quarterly dividend of $0.08.

Northfield Bancorp (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, October 25th. The bank reported $0.17 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.17. Northfield Bancorp had a net margin of 24.39% and a return on equity of 4.97%. The company had revenue of $29.97 million for the quarter, compared to analysts’ expectations of $29.66 million.

NFBK has been the topic of several recent analyst reports. Piper Jaffray Companies reiterated a “hold” rating and set a $16.50 price objective on shares of Northfield Bancorp in a report on Thursday, August 3rd. BidaskClub lowered shares of Northfield Bancorp from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $17.00 price objective on shares of Northfield Bancorp in a report on Tuesday, October 3rd. Finally, DA Davidson assumed coverage on shares of Northfield Bancorp in a report on Friday, September 1st. They issued a “neutral” rating and a $17.00 price target on the stock.

TRADEMARK VIOLATION NOTICE: “Northfield Bancorp, Inc. (NFBK) Raises Dividend to $0.10 Per Share” was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at

Northfield Bancorp Company Profile

Northfield Bancorp, Inc is a holding company for Northfield Bank (the Bank). Northfield Bank’s principal business consists of originating commercial real estate loans and multifamily real estate loans, purchasing investment securities including mortgage-backed securities and corporate bonds, as well as depositing funds in other financial institutions.

Dividend History for Northfield Bancorp (NASDAQ:NFBK)

Receive News & Ratings for Northfield Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northfield Bancorp Inc. and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply