Valley National Bancorp (NASDAQ:VLYPP) Trading 1.6% Higher – Should You Buy?

by · The Cerbat Gem

Valley National Bancorp (NASDAQ:VLYPP – Get Free Report)’s stock price traded up 1.6% on Monday . The company traded as high as $24.98 and last traded at $24.87. 9,424 shares traded hands during trading, a decline of 59% from the average session volume of 22,995 shares. The stock had previously closed at $24.47.

Valley National Bancorp Stock Performance

The stock’s 50 day moving average price is $24.42 and its two-hundred day moving average price is $23.05.

Valley National Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a dividend of $0.3906 per share. The ex-dividend date was Friday, September 13th. This is a boost from Valley National Bancorp’s previous quarterly dividend of $0.39. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.30%.

About Valley National Bancorp

(Get Free Report)

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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