Valley National Bancorp (NASDAQ:VLYPO – Get Free Report)’s stock price was up 0.1% during trading on Tuesday following a dividend announcement from the company. The stock traded as high as $25.50 and last traded at $25.47. Approximately 3,095 shares were traded during trading, a decline of 81% from the average daily volume of 16,597 shares. The stock had previously closed at $25.45.
The newly announced dividend which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be paid a $0.5336 dividend. The ex-dividend date is Friday, December 13th. This represents a $2.13 dividend on an annualized basis and a dividend yield of 8.38%.
Valley National Bancorp Stock Up 0.1 %
The stock has a 50 day moving average price of $25.23 and a 200-day moving average price of $24.67.
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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