Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) To Go Ex-Dividend on November 6th

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) declared a quarterly dividend on Wednesday, October 23rd, Zacks reports. Investors of record on Wednesday, November 6th will be paid a dividend of 0.13 per share by the bank on Wednesday, November 20th. This represents a $0.52 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Wednesday, November 6th.

Northfield Bancorp, Inc. (Staten Island, NY) has raised its dividend by an average of 5.7% per year over the last three years. Northfield Bancorp, Inc. (Staten Island, NY) has a dividend payout ratio of 54.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Northfield Bancorp, Inc. (Staten Island, NY) to earn $0.99 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 52.5%.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 2.8 %

Shares of NASDAQ:NFBK opened at $11.74 on Friday. Northfield Bancorp, Inc. has a 52-week low of $6.98 and a 52-week high of $13.48. The stock has a market cap of $507.05 million, a P/E ratio of 17.52 and a beta of 0.75. The business’s 50 day moving average is $11.74 and its 200 day moving average is $10.33. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.66.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.31% and a net margin of 12.00%. Sell-side analysts predict that Northfield Bancorp, Inc. will post 0.67 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods increased their target price on Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a “market perform” rating in a research report on Tuesday, July 30th.

About Northfield Bancorp, Inc. (Staten Island, NY)

Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; and brokered deposits.