Valley National Bancorp (NASDAQ:VLYPO) Announces Quarterly Dividend of $0.48

Valley National Bancorp (NASDAQ:VLYPO) announced a quarterly dividend on Tuesday, July 21st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.4838 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 0.4% increase from Valley National Bancorp’s previous quarterly dividend of $0.48.

Valley National Bancorp Price Performance

Shares of Valley National Bancorp stock opened at $24.90 on Wednesday. The firm has a fifty day moving average price of $24.91 and a two-hundred day moving average price of $24.97. Valley National Bancorp has a fifty-two week low of $24.10 and a fifty-two week high of $25.74.

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.