Valley National (VLY) Declares $0.11 Quarterly Dividend; 5% Yield
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Valley National Bancorp Declares Its Regular Quarterly Preferred Stock And Common Stock Dividends
February 24, 2016 12:50 PM ESTWAYNE, N.J., Feb. 24, 2016 /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 March 30, 2016 to shareholders of record on March 11, 2016 on its 6.25% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A.Â
Valley also announced that a common stock cash dividend of $0.11 per share will be paid April 1, 2016 to shareholders of record on March 15, 2016. The dividend amount per share was unchanged as compared to the previous quarterly common cash dividend. The... More
