Valley National Bancorp's most recent dividend of $0.11 per share was on Sep 13, 2024 (ex-date). The annualized payout of $0.44 per share represents a current dividend yield of 4.59%.
Valley National Bancorp's dividend yield of 4.59% is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.78%, Valley National Bancorp's dividend yield is 65% higher. The historical 5-year average of VLY's dividend yield is 4.5%, which is in line with the current one.
Valley National Bancorp has a history of paying dividends since 1994. Our records of VLY show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 24% from a year ago, the dividend yield has decreased by 19%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 13, 2024 | $0.11 | 5.16% |
Jun 13, 2024 | $0.11 | 6.58% |
Mar 13, 2024 | $0.11 | 5.6% |
Dec 13, 2023 | $0.11 | 4.24% |
Sep 13, 2023 | $0.11 | 4.93% |
Jun 14, 2023 | $0.11 | 5.38% |
Mar 14, 2023 | $0.11 | 4.56% |
Dec 14, 2022 | $0.11 | 3.91% |
Sep 14, 2022 | $0.11 | 3.77% |
Jun 14, 2022 | $0.11 | 4.11% |
Mar 14, 2022 | $0.11 | 3.27% |
Dec 14, 2021 | $0.11 | 3.27% |
Sep 14, 2021 | $0.11 | 3.71% |
Jun 14, 2021 | $0.11 | 3.2% |
Mar 12, 2021 | $0.11 | 3.13% |
Dec 14, 2020 | $0.11 | 4.58% |
Sep 14, 2020 | $0.11 | 5.95% |
Jun 12, 2020 | $0.11 | 5.5% |
Mar 12, 2020 | $0.11 | 6.01% |
Dec 12, 2019 | $0.11 | 3.78% |
Sep 12, 2019 | $0.11 | 3.94% |
Jun 13, 2019 | $0.11 | 4.25% |
Mar 14, 2019 | $0.11 | 4.28% |
Dec 13, 2018 | $0.11 | 4.64% |
Sep 13, 2018 | $0.11 | 3.76% |
Jun 14, 2018 | $0.11 | 3.48% |
Mar 14, 2018 | $0.11 | 3.39% |
Dec 21, 2017 | $0.11 | 3.83% |
Sep 14, 2017 | $0.11 | 4.03% |
Jun 13, 2017 | $0.11 | 3.66% |
Mar 13, 2017 | $0.11 | 3.58% |
Dec 13, 2016 | $0.11 | 3.86% |
Sep 13, 2016 | $0.11 | 4.63% |
Jun 13, 2016 | $0.11 | 4.82% |
Mar 11, 2016 | $0.11 | 4.59% |
Dec 11, 2015 | $0.11 | 4.49% |
Sep 11, 2015 | $0.11 | 4.65% |
Jun 11, 2015 | $0.11 | 4.35% |
Mar 11, 2015 | $0.11 | 4.64% |
Valley National Bancorp's payout ratio of 62% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 43.2%, Valley National Bancorp's payout ratio is 44% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
VLY Valley National Bancorp | 4.48% | $0.44 | 62% |
PKBK Parke Bancorp Inc | 3.37% | $0.72 | 39.6% |
MTB M&T Bank Corp | 2.68% | $5.3 | 39.1% |
UNTY Unity Bancorp Inc | 1.28% | $0.51 | 13.3% |
PGC Peapack Gladstone Financial Corp | 0.6% | $0.2 | 10.6% |
Yes, Valley National Bancorp has paid four dividends in the last 12 months. VLY has been paying dividends since 1994.
Valley National Bancorp's last regular dividend was on Sep 13, 2024 (ex-date) with the amount of $0.11 per share.
VLY has paid dividend of $0.44 per share in the last year.
Valley National Bancorp's current dividend yield is 4.59%.
Valley National Bancorp has a quarterly dividend frequency.
Valley National Bancorp's dividend payout ratio is 62%.
Valley National Bancorp's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.