High-Yield Stock Trading Below Book Value with Insider Purchasing Surge

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ConnectOne Bancorp Inc (CNOB) recently experienced significant insider buying, with Director Stephen T. Boswell purchasing 7,700 shares on August 1, 2025 for a total of $171,232.00, at a price of $22.24 per share. As of the latest trading session, shares were priced at $24.23, marking a 9.0% increase from Boswell’s purchase.

Since the purchase, Boswell has also collected dividends amounting to $0.18 per share, bringing his total return to 9.8%. CNOB’s shares have a 52-week range with a low of $20.61 and a high of $29.31, with the latest trading price recorded at $24.69.

The company offers an annualized dividend of $0.72 per share, distributed quarterly, with its recent dividend ex-date on November 14, 2025.

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