Valley National Bancorp (NASDAQ:VLYPP – Get Free Report)’s stock price rose 1.8% on Thursday . The stock traded as high as $24.80 and last traded at $24.65. Approximately 13,912 shares changed hands during trading, a decline of 46% from the average daily volume of 25,538 shares. The stock had previously closed at $24.21.
Valley National Bancorp Stock Performance
The stock’s 50 day simple moving average is $22.90 and its 200-day simple moving average is $22.24.
Valley National Bancorp Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be paid a $0.3906 dividend. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a yield of 6.34%.
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.
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