Surpassing Expectations: Northfield Bancorp Unleashes Growth Potential and Rewards Investors
Portfolio Pulse from Benzinga Insights
Northfield Bancorp (NASDAQ:NFBK) is set to deliver a dividend payout of $0.13 per share, equating to an annualized dividend yield of 4.29%. The company's dividend yield falls in the middle range when compared to its industry peers, with Washington Trust Bancorp (NASDAQ:WASH) having the highest annualized dividend yield at 8.16%. Northfield Bancorp has shown an upward trajectory in its dividend per share and earnings per share from 2019 to 2022, indicating a strong financial position.
August 23, 2023 | 3:05 pm
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POSITIVE IMPACT
Northfield Bancorp is set to deliver a dividend payout, indicating a strong financial position. The company's increasing dividends and earnings suggest potential for higher cash dividend payouts in the future.
The company's increasing dividends and earnings per share from 2019 to 2022 indicate a strong financial position and the potential for higher cash dividend payouts in the future. This is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Washington Trust Bancorp has the highest annualized dividend yield at 8.16% among its industry peers.
Washington Trust Bancorp is mentioned in the context of having the highest annualized dividend yield among its industry peers. However, there is no specific news about the company itself that would impact its stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50