Valley National Bancorp (NASDAQ:VLYPP) Plans $0.39 Quarterly Dividend

Valley National Bancorp (NASDAQ:VLYPP) announced a quarterly dividend on Tuesday, November 19th,Wall Street Journal reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.3906 per share on Monday, December 30th. This represents a $1.56 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Friday, December 13th.

Valley National Bancorp Stock Up 0.3 %

VLYPP traded up $0.07 during trading on Wednesday, reaching $24.89. 567 shares of the company’s stock were exchanged, compared to its average volume of 21,868. The business has a 50 day moving average price of $24.71 and a 200 day moving average price of $23.36. Valley National Bancorp has a fifty-two week low of $17.61 and a fifty-two week high of $25.20.

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.