Valley National Bancorp (NASDAQ:VLYPP) Stock Price Down 0% – Time to Sell?

Valley National Bancorp (NASDAQ:VLYPP)’s stock price dropped 0% on Wednesday . The stock traded as low as $25.06 and last traded at $25.06. 6,925 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 4,569 shares. The stock had previously closed at $25.07.

Valley National Bancorp Stock Down 0.0%

The firm’s 50 day moving average price is $24.91 and its two-hundred day moving average price is $25.06.

Valley National Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.5011 dividend. The ex-dividend date is Tuesday, September 15th. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.50. This represents a $2.00 annualized dividend and a yield of 8.0%.

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.