Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) declared a quarterly dividend on Tuesday, November 19th,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.5336 per share on Monday, December 30th. This represents a $2.13 dividend on an annualized basis and a yield of 8.42%. The ex-dividend date of this dividend is Friday, December 13th.
Valley National Bancorp has raised its dividend payment by an average of 17.6% per year over the last three years.
Valley National Bancorp Stock Performance
VLYPO stock traded up $0.08 during trading hours on Wednesday, reaching $25.35. The stock had a trading volume of 2,835 shares, compared to its average volume of 17,154. The stock has a 50-day simple moving average of $25.15 and a 200 day simple moving average of $24.62. Valley National Bancorp has a fifty-two week low of $20.04 and a fifty-two week high of $26.01.
Valley National Bancorp Company Profile
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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