Valley National Bancorp (NASDAQ:VLYPP – Get Free Report) shares traded down 0.6% on Friday . The stock traded as low as $24.52 and last traded at $24.64. 7,665 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 24,255 shares. The stock had previously closed at $24.79.
Valley National Bancorp Price Performance
The firm’s 50 day moving average price is $23.82 and its two-hundred day moving average price is $22.71.
Valley National Bancorp Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a dividend of $0.3906 per share. The ex-dividend date was Friday, September 13th. This represents a $1.56 annualized dividend and a yield of 6.34%. This is a boost from Valley National Bancorp’s previous quarterly dividend of $0.39.
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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