Valley National Bancorp (NASDAQ:VLYPP) Plans Quarterly Dividend of $0.49

Valley National Bancorp (NASDAQ:VLYPP) announced a quarterly dividend on Tuesday, February 24th. Stockholders of record on Friday, March 13th will be paid a dividend of 0.4873 per share on Monday, March 30th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Friday, March 13th.

Valley National Bancorp Stock Up 0.1%

Valley National Bancorp stock traded up $0.04 during midday trading on Wednesday, hitting $25.48. 1,063 shares of the stock were exchanged, compared to its average volume of 4,193. Valley National Bancorp has a 52-week low of $21.71 and a 52-week high of $26.11. The business’s 50-day moving average price is $25.29 and its 200-day moving average price is $25.37.

About Valley National Bancorp

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.