Valley National (VLY) Declares $0.3906 Quarterly Dividend; 14% Yield

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

August 22, 2017 4:55 PM EDT

WAYNE, N.J., Aug. 22, 2017 /PRNewswire/ -- Valley National Bancorp (NYSE: VLY) ("Valley"), the holding company for Valley National Bank, announced today its regular quarterly preferred and common dividends. The declared quarterly dividends are as follows:

A cash dividend of $0.390625 per share to be paid October 2, 2017 to shareholders of record on September 15, 2017 on its 6.25% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A; A cash dividend of $0.221528 per share to be paid October 2, 2017 to shareholders of record on September 15, 2017 on its 5.50% Fixed-To-Floating Rate Non-Cumulative... More