Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) declared a quarterly dividend on Wednesday, May 21st, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.5143 per share on Monday, June 30th. This represents a $2.06 annualized dividend and a yield of 8.19%. The ex-dividend date is Friday, June 13th.
Valley National Bancorp has increased its dividend by an average of 18.4% annually over the last three years.
Valley National Bancorp Stock Down 0.1%
Shares of Valley National Bancorp stock opened at $25.12 on Friday. Valley National Bancorp has a 52-week low of $22.73 and a 52-week high of $26.01. The company has a 50-day simple moving average of $24.49 and a two-hundred day simple moving average of $24.94.
About Valley National Bancorp
Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments.
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