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

Valley National Bancorp (NASDAQ:VLYPO) announced a quarterly dividend on Tuesday, February 24th. Investors 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 yield of 7.5%. The ex-dividend date of this dividend is Friday, March 13th.

Valley National Bancorp Price Performance

Shares of NASDAQ VLYPO traded up $0.07 during trading on Wednesday, hitting $25.06. The company had a trading volume of 7,032 shares, compared to its average volume of 6,865. Valley National Bancorp has a 52 week low of $22.73 and a 52 week high of $25.74. The business’s 50-day moving average is $25.12 and its 200 day moving average is $25.14.

About Valley National Bancorp

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.