Valley National Bancorp (NASDAQ:VLYPO) Declares Dividend Increase – $0.58 Per Share

Valley National Bancorp (NASDAQ:VLYPOGet Free Report) declared a quarterly dividend on Tuesday, May 21st, NASDAQ reports. Stockholders of record on Thursday, June 13th will be paid a dividend of 0.5777 per share on Friday, June 28th. This represents a $2.31 annualized dividend and a dividend yield of 9.50%. The ex-dividend date of this dividend is Thursday, June 13th. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.57.

Valley National Bancorp has raised its dividend by an average of 17.6% per year over the last three years.

Valley National Bancorp Stock Up 0.3 %

Shares of VLYPO opened at $24.33 on Tuesday. Valley National Bancorp has a 12 month low of $20.04 and a 12 month high of $25.05. The firm’s 50 day moving average is $24.21 and its 200-day moving average is $23.54.

Valley National Bancorp Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Valley National Bancorp (NASDAQ:VLYPO)

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