Valley National (VLY) Declares $0.11 Quarterly Dividend; 4% Yield

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Valley National Bancorp Declares Its Regular Quarterly Common Stock And Preferred Stock Dividends

November 24, 2015 3:54 PM EST

WAYNE, N.J., Nov. 24, 2015 /PRNewswire/ -- Valley National Bancorp (NYSE: VLY) ("Valley"), the holding company for Valley National Bank, announced today that a preferred stock cash dividend of $0.390625 per share will be paid December 30, 2015 to shareholders of record on December 11, 2015 on its 6.25% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A. 

Valley also announced that a common stock cash dividend of $0.11 per share will be paid January 4, 2016 to shareholders of record on December 15, 2015. The dividend amount per share was unchanged as compared to the previous quarterly common cash... More