Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) declared a quarterly dividend on Sunday, December 1st,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given 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 8.46%. The ex-dividend date is Friday, December 13th.
Valley National Bancorp has increased its dividend payment by an average of 17.6% annually over the last three years.
Valley National Bancorp Price Performance
NASDAQ:VLYPO opened at $25.24 on Tuesday. The firm has a 50 day simple moving average of $25.20 and a 200-day simple moving average of $24.64. Valley National Bancorp has a 1-year low of $20.04 and a 1-year high of $26.01.
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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