Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Commercial Lending, Consumer Lending, and Investment Management segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, foreign wire transfers services, and transaction accounts for non-resident aliens. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for various retirement plans. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; and overdraft, drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. As of December 31,2021, it operated 232 branch offices in New Jersey, New York, Florida, and Alabama. The company was incorporated in 1927 and is headquartered in New York, New York.
Valley National Bancorp Dividend Announcement
• Valley National Bancorp announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-13
• Valley National Bancorp annual dividend for 2024 was $0.33
• Valley National Bancorp annual dividend for 2023 was $0.44
• Valley National Bancorp's trailing twelve-month (TTM) dividend yield is 5.88%
• Valley National Bancorp's payout ratio for the trailing twelve months (TTM) is 71.62%
• Valley National Bancorp's dividend growth over the last ten years (2013-2023) was -3.01% year
Valley National Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.11 | quarterly | 2024-10-01 |
2024-06-13 | $0.11 | quarterly | 2024-07-02 |
2024-03-13 | $0.11 | quarterly | 2024-04-02 |
2023-12-13 | $0.11 | quarterly | 2024-01-03 |
2023-09-13 | $0.11 | quarterly | 2023-10-02 |
2023-06-14 | $0.11 | quarterly | 2023-07-03 |
2023-03-14 | $0.11 | quarterly | 2023-04-03 |
2022-12-14 | $0.11 | quarterly | 2023-01-03 |
2022-09-14 | $0.11 | quarterly | 2022-10-03 |
2022-06-14 | $0.11 | quarterly | 2022-07-01 |
2022-03-14 | $0.11 | quarterly | 2022-04-01 |
2021-12-14 | $0.11 | quarterly | 2022-01-03 |
2021-09-14 | $0.11 | quarterly | 2021-10-01 |
2021-06-14 | $0.11 | quarterly | 2021-07-01 |
2021-03-12 | $0.11 | quarterly | 2021-04-01 |
2020-12-14 | $0.11 | quarterly | 2021-01-04 |
2020-09-14 | $0.11 | quarterly | 2020-10-01 |
2020-06-12 | $0.11 | quarterly | 2020-07-01 |
2020-03-12 | $0.11 | quarterly | 2020-04-01 |
2019-12-12 | $0.11 | quarterly | 2020-01-02 |
2019-09-12 | $0.11 | quarterly | 2019-10-01 |
2019-06-13 | $0.11 | quarterly | 2019-07-01 |
2019-03-14 | $0.11 | quarterly | 2019-04-01 |
2018-12-13 | $0.11 | quarterly | 2019-01-02 |
2018-09-13 | $0.11 | quarterly | 2018-10-02 |
2018-06-14 | $0.11 | quarterly | 2018-07-03 |
2018-03-14 | $0.11 | quarterly | 2018-04-02 |
2017-12-21 | $0.11 | quarterly | 2018-01-03 |
2017-09-14 | $0.11 | quarterly | 2017-10-03 |
2017-06-13 | $0.11 | quarterly | 2017-07-03 |
2017-03-13 | $0.11 | quarterly | 2017-04-03 |
2016-12-13 | $0.11 | quarterly | 2017-01-03 |
2016-09-13 | $0.11 | quarterly | 2016-10-03 |
2016-06-13 | $0.11 | quarterly | 2016-07-01 |
2016-03-11 | $0.11 | quarterly | 2016-04-01 |
2015-12-11 | $0.11 | quarterly | 2016-01-04 |
2015-09-11 | $0.11 | quarterly | 2015-10-01 |
2015-06-11 | $0.11 | quarterly | 2015-07-01 |
2015-03-11 | $0.11 | quarterly | 2015-04-01 |
2014-12-11 | $0.11 | quarterly | 2015-01-02 |
2014-09-11 | $0.11 | quarterly | 2014-10-01 |
2014-06-11 | $0.11 | quarterly | 2014-07-01 |
2014-03-12 | $0.11 | quarterly | 2014-04-01 |
2013-12-11 | $0.11 | quarterly | 2014-01-02 |
2013-09-11 | $0.16 | quarterly | 2013-10-01 |
2013-06-12 | $0.16 | quarterly | 2013-07-01 |
2013-03-13 | $0.16 | quarterly | 2013-04-01 |
Valley National Bancorp Dividend per year
Valley National Bancorp Dividend growth
Valley National Bancorp Dividend Yield
Valley National Bancorp current trailing twelve-month (TTM) dividend yield is 5.88%. Interested in purchasing Valley National Bancorp stock? Use our calculator to estimate your expected dividend yield:
Valley National Bancorp Financial Ratios
Valley National Bancorp Dividend FAQ
Other factors to consider when evaluating Valley National Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Valley National Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Valley National Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Valley National Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Valley National Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Valley National Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Valley National Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Valley National Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Valley National Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Valley National Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.