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

Valley National Bancorp (NASDAQ:VLYPP) announced a quarterly dividend on Wednesday, May 21st, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.3906 per share on Monday, June 30th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.27%. The ex-dividend date is Friday, June 13th.

Valley National Bancorp Stock Down 0.8%

NASDAQ:VLYPP opened at $24.94 on Thursday. Valley National Bancorp has a fifty-two week low of $21.03 and a fifty-two week high of $25.68. The company has a 50 day moving average price of $24.34 and a 200 day moving average price of $24.79.

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.