New Alliance Bancshares (NAL)

Price*: $12.57 | Dividend: $0.28 | Dividend Yield: 2.23%

Recommendation Info
This stock has never had a high enough Dividend.com Rating to qualify for our Best Dividend Stocks list.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is at the top of its six-month trading range.

2. Overall Yield Attractiveness

Stock's dividend yield is below average.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates are basically unchanged.

Price and Dividend Info

New Alliance Bancshares (NAL)

Previous Day's Closing Price*

$12.57

Annual Stock Dividend

$0.28

Current Dividend Yield

2.23%

Recent Headlines

National Bank of Greece (NBG), National Presto Industries (NPK), National Semiconductor (NSM), Nationwide Financial Services (NSM), National Resource Partners LP (NRP), Navios Maritime (NM), Neenah Paper, Inc. (NP), New Alliance Bancshares (NAL)
Mon, May 5, 2008

Profile & Recommendation

Company Profile

New Alliance Bancshares- (NAL)-is a New Haven, Connecticut headquartered regional banking and financial services company and the parent company of NewAlliance Bank, the third largest bank headquartered in Connecticut and fourth largest headquartered in New England. NewAlliance Bank has a network of 89 branches in Connecticut and western Massachusetts with assets of $8.2 billion.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This small cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.