Valley National Bancorp (NASDAQ:VLYPP – Get Free Report) announced a quarterly dividend on Tuesday, October 20th. Investors of record on Tuesday, December 15th will be paid a dividend of $0.5173 per share on Wednesday, December 30th. This represents a $2.07 annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Tuesday, December 15th. This is a 3.2% increase from Valley National Bancorp’s previous quarterly dividend of $0.5011.
Valley National Bancorp Trading Down 0.4%
Valley National Bancorp stock traded down $0.10 during midday trading on Wednesday, reaching $24.89. 10,082 shares of the company’s stock were exchanged, compared to its average volume of 4,722. Valley National Bancorp has a 52 week low of $24.42 and a 52 week high of $25.62. The stock’s 50-day simple moving average is $25.07 and its 200 day simple moving average is $25.04.
About Valley National Bancorp
Valley National Bancorp is the holding company for Valley National Bank, a regional financial institution headquartered in Wayne, New Jersey. Through its banking subsidiary, the company provides a range of personal and business financial services, including checking and savings accounts, commercial and residential lending, mortgages, credit cards, treasury management, and cash-management services.
Valley serves individuals, small and midsize businesses, commercial real estate clients, and larger corporate customers.
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