Valley National Bancorp (NASDAQ:VLYPP) Increases Dividend to $0.50 Per Share

Valley National Bancorp (NASDAQ:VLYPP) declared a quarterly dividend on Tuesday, July 21st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.5011 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Tuesday, September 15th. This is a 0.4% increase from Valley National Bancorp’s previous quarterly dividend of $0.50.

Valley National Bancorp Trading Down 0.2%

Shares of Valley National Bancorp stock opened at $25.00 on Wednesday. The firm’s 50-day moving average price is $24.95 and its two-hundred day moving average price is $25.09. Valley National Bancorp has a 12-month low of $24.42 and a 12-month high of $26.11.

Valley National Bancorp Company Profile

Valley National Bancorp (NASDAQ: VLYPP) is a bank holding company headquartered in Wayne, New Jersey, whose principal subsidiary, Valley Bank, delivers a full spectrum of financial services. Founded in 1927 as The Bank of Passaic County, the company has grown through strategic acquisitions and organic expansion to become a regional banking franchise. Valley National Bancorp provides commercial and consumer banking services, with offerings that include deposit accounts, business and agricultural lending, residential real estate financing, and treasury management solutions.

In addition to core lending and deposit-taking activities, Valley National Bancorp operates specialized businesses covering mortgage banking, wealth management, and insurance services.