Valley National Bancorp Plans Quarterly Dividend of $0.39 (NASDAQ:VLYPP)

Valley National Bancorp (NASDAQ:VLYPP) declared a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.3906 per share on Monday, March 31st. This represents a $1.56 annualized dividend and a dividend yield of 6.19%. The ex-dividend date of this dividend is Friday, March 14th.

Valley National Bancorp Price Performance

Shares of NASDAQ:VLYPP traded up $0.09 during midday trading on Thursday, hitting $25.23. 954 shares of the stock were exchanged, compared to its average volume of 22,317. The business’s fifty day simple moving average is $25.11 and its two-hundred day simple moving average is $24.66. Valley National Bancorp has a 52-week low of $19.30 and a 52-week high of $25.68.

Valley National Bancorp Company Profile

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.