Northfield Bancorp, Inc. (NASDAQ:NFBK) Plans Quarterly Dividend of $0.13

Northfield Bancorp, Inc. (NASDAQ:NFBK) declared a quarterly dividend on Monday, April 6th. Shareholders of record on Wednesday, May 6th will be given a dividend of 0.13 per share by the bank on Wednesday, May 20th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, May 6th.

Northfield Bancorp has raised its dividend by an average of 0.0%annually over the last three years. Northfield Bancorp has a dividend payout ratio of 40.0% meaning its dividend is sufficiently covered by earnings.

Northfield Bancorp Stock Performance

NFBK opened at $14.06 on Monday. Northfield Bancorp has a 12-month low of $9.90 and a 12-month high of $14.19. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $587.15 million, a PE ratio of 117.17 and a beta of 0.72. The firm has a 50 day moving average of $13.55 and a two-hundred day moving average of $12.29.

Northfield Bancorp (NASDAQ:NFBK) last released its quarterly earnings data on Tuesday, April 21st. The bank reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The business had revenue of $40.38 million during the quarter, compared to analyst estimates of $40.60 million. Northfield Bancorp had a return on equity of 6.72% and a net margin of 1.77%.

About Northfield Bancorp

Northfield Bancorp is the bank holding company for Northfield Bank, a New Jersey‐based community bank offering a full range of financial products and services. Headquartered in New Jersey, the company serves individuals, families and small to mid‐sized businesses across Northern and Central New Jersey. Northfield Bancorp focuses on building lasting customer relationships through a combination of personalized service and technology‐driven solutions.

Through its subsidiary, Northfield Bank provides personal banking services such as checking and savings accounts, consumer loans, mortgage products and home equity lines of credit.