Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) announced a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.5162 per share on Monday, March 31st. This represents a $2.06 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date of this dividend is Friday, March 14th.
Valley National Bancorp has raised its dividend payment by an average of 18.4% per year over the last three years.
Valley National Bancorp Stock Up 0.3 %
Shares of VLYPO opened at $25.31 on Friday. The stock has a 50-day moving average of $25.10 and a two-hundred day moving average of $25.10. Valley National Bancorp has a one year low of $21.61 and a one year high of $26.01.
About Valley National Bancorp
Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments.
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