Valley National Bancorp Declares Quarterly Dividend of $0.47 (NASDAQ:VLYPO)

Valley National Bancorp (NASDAQ:VLYPO) declared a quarterly dividend on Tuesday, February 24th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.4703 per share on Monday, March 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Friday, March 13th.

Valley National Bancorp Price Performance

Shares of VLYPO stock traded up $0.07 during trading hours on Wednesday, hitting $25.06. 7,249 shares of the company’s stock traded hands, compared to its average volume of 6,872. The stock’s fifty day simple moving average is $25.12 and its two-hundred day simple moving average is $25.14. Valley National Bancorp has a 12-month low of $22.73 and a 12-month high of $25.74.

Valley National Bancorp Company Profile

Valley National Bancorp is a bank holding company headquartered in Wayne, New Jersey, operating through its primary subsidiary, Valley National Bank. The company provides a full range of commercial and consumer banking services, including deposit accounts, lending products, and treasury management. Valley National Bancorp also offers mortgage origination, residential mortgage servicing, wealth management, insurance, and trust services to individuals, small businesses, and middle-market companies.

In its commercial banking segment, Valley National Bancorp serves clients with business checking and savings accounts, commercial and industrial loans, equipment leasing and financing, and treasury management solutions.