Valley National (VLY) Declares $0.390625 Quarterly Dividend; 16.7% Yield

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Go back to Valley National (VLY) Declares $0.390625 Quarterly Dividend; 16.7% Yield

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

May 26, 2016 12:05 PM EDT

WAYNE, N.J., May 26, 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 June 30, 2016 to shareholders of record on June 10, 2016 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 July 1, 2016 to shareholders of record on June 15, 2016. The dividend amount per share was unchanged as compared to the previous quarterly... More