Valley National Bancorp (VLYPP) to Issue Quarterly Dividend of $0.39 on March 31st

Valley National Bancorp (NASDAQ:VLYPP) announced 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 6.20%. The ex-dividend date is Friday, March 14th.

Valley National Bancorp Price Performance

Valley National Bancorp stock opened at $25.22 on Friday. The firm has a 50 day simple moving average of $25.11 and a 200-day simple moving average of $24.68. Valley National Bancorp has a 1-year low of $19.30 and a 1-year high of $25.68.

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.