Valley National Bancorp (NASDAQ:VLYPO – Get Free Report) declared a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.5162 per share on Monday, March 31st. This represents a $2.06 annualized dividend and a yield of 8.20%. The ex-dividend date is Friday, March 14th.
Valley National Bancorp has raised its dividend by an average of 18.4% per year over the last three years.
Valley National Bancorp Price Performance
Valley National Bancorp stock opened at $25.17 on Friday. The stock’s 50 day moving average price is $25.10 and its 200 day moving average price is $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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