UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of Company as specified in its charter)
(State or other jurisdiction | (Commission | (IRS Employer |
of incorporation) | File Number) | Identification No |
(Address of principal executive offices) | (Zip Code) |
Company's telephone number, including area code
Indicate by check mark whether the registrant is an emerging growth company as defined
in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter). Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading symbol | Name of each exchange on which registered |
Item 8.01 Other Events
On April 14, 2020, the Registrant announced that its Board of Directors declared a cash dividend on its common stock of $0.09 per share. The dividend will be paid on May 4, 2020, to all shareholders of record on April 27, 2020.
The timing of this dividend is consistent with the Registrant’s historical practice. The Registrant also announced that in order to better conform to industry practice, beginning after the close of the second quarter of 2020, the Board will now consider the declaration of quarterly dividends at the first monthly Board of Directors meeting following each quarterly close. This will result in a change in dividend record and pay dates by approximately one month from the Registrant’s historical practice.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
CONNECTONE BANCORP, INC. | |
(Registrant) |
Dated: April 14, 2020 | By: /s/ William S. Burns__________ | ||
WILLIAM S. BURNS | |||
Executive Vice President and | |||
Chief Financial Officer |