Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) declared a quarterly dividend on Tuesday, November 19th,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 annualized dividend and a dividend yield of 8.42%. The ex-dividend date is Friday, December 13th.
Valley National Bancorp has raised its dividend by an average of 17.6% annually over the last three years.
Valley National Bancorp Stock Performance
Shares of VLYPO stock traded up $0.08 during midday trading on Wednesday, hitting $25.35. 2,835 shares of the company were exchanged, compared to its average volume of 17,154. Valley National Bancorp has a 52 week low of $20.04 and a 52 week high of $26.01. The firm’s 50 day moving average price is $25.15 and its two-hundred day moving average price is $24.62.
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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