Valley National Bancorp (NASDAQ:VLYPO – Get Free Report)’s stock price rose 0.4% during mid-day trading on Monday . The stock traded as high as $25.32 and last traded at $25.27. Approximately 1,480 shares traded hands during trading, a decline of 91% from the average daily volume of 17,219 shares. The stock had previously closed at $25.18.
Valley National Bancorp Price Performance
The business has a 50-day simple moving average of $25.15 and a 200 day simple moving average of $24.62.
Valley National Bancorp Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.5336 per share. This represents a $2.13 dividend on an annualized basis and a yield of 8.49%. The ex-dividend date is Friday, December 13th.
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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