Valley National Bancorp (VLYPO) To Go Ex-Dividend on December 14th

Valley National Bancorp (NASDAQ:VLYPOGet Rating) declared a quarterly dividend on Tuesday, November 22nd, Wall Street Journal reports. Shareholders of record on Thursday, December 15th will be given a dividend of 0.4583 per share on Friday, December 30th. This represents a $1.83 annualized dividend and a yield of 7.31%. The ex-dividend date is Wednesday, December 14th. This is an increase from Valley National Bancorp’s previous quarterly dividend of $0.34.

Valley National Bancorp Stock Performance

VLYPO opened at $25.07 on Thursday. Valley National Bancorp has a twelve month low of $21.05 and a twelve month high of $25.94. The company has a 50-day moving average price of $23.85 and a 200 day moving average price of $23.50.

Valley National Bancorp Company Profile

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Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Commercial Lending, Consumer Lending, and Investment Management segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans.

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