Valley National Bancorp (NASDAQ:VLYPO) Shares Up 0.4%

Valley National Bancorp (NASDAQ:VLYPO)’s stock price shot up 0.4% during trading on Wednesday . The stock traded as high as $23.29 and last traded at $23.29. 2,869 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 23,082 shares. The stock had previously closed at $23.20.

Valley National Bancorp Trading Up 0.9 %

The stock has a fifty day moving average price of $24.20 and a two-hundred day moving average price of $23.59.

Valley National Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were given a dividend of $0.5777 per share. This represents a $2.31 dividend on an annualized basis and a yield of 9.83%. The ex-dividend date of this dividend was Thursday, June 13th. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.57.

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.