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VLY Valley National Bancorp dividend history, payout ratio & dates

Valley National Bancorp's most recent quarterly dividend of $0.11 per share was on Sep 14, 2022 (ex-date). The annualized payout of $0.44 per share represents a current dividend yield of 3.93%.

Key dates

  • VLY last dividend date: Sep 14, 2022
  • VLY next dividend date: Not announced
VLY dividend stats
DPS
$0.44
Dividend yield
3.79%
Payout ratio
43.6%
vs. Financial Services sector
Dividend yield
2.89%
Payout ratio
30.2%

Dividend yield

What is Valley National Bancorp current dividend yield

Valley National Bancorp's dividend yield of 3.93% is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.89%, Valley National Bancorp's dividend yield is 36% higher. The historical 5-year average of VLY's dividend yield is 4.1%, which is in line with the current one.

Dividend history

What is VLY dividend payout history and dates

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 down by 17% from a year ago, the dividend yield has an increase of 21%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2022 Oct 3, 2022 Aug 16, 2022 $0.11 normal
Jun 14, 2022 Jul 1, 2022 May 17, 2022 $0.11 normal
Mar 14, 2022 Apr 1, 2022 Mar 2, 2022 $0.11 normal
Dec 14, 2021 Jan 3, 2022 Dec 3, 2021 $0.11 normal
Sep 14, 2021 Oct 1, 2021 Aug 18, 2021 $0.11 normal
Jun 14, 2021 Jul 1, 2021 May 19, 2021 $0.11 normal
Mar 12, 2021 Apr 1, 2021 Feb 23, 2021 $0.11 normal
Dec 14, 2020 Jan 4, 2021 Nov 18, 2020 $0.11 normal
Sep 14, 2020 Oct 1, 2020 Aug 12, 2020 $0.11 normal
Jun 12, 2020 Jul 1, 2020 May 20, 2020 $0.11 normal
Mar 12, 2020 Apr 1, 2020 Feb 26, 2020 $0.11 normal
Dec 12, 2019 Jan 2, 2020 Nov 13, 2019 $0.11 normal
Sep 12, 2019 Oct 1, 2019 Aug 13, 2019 $0.11 normal
Jun 13, 2019 Jul 1, 2019 May 21, 2019 $0.11 normal
Mar 14, 2019 Apr 1, 2019 Feb 27, 2019 $0.11 normal
Dec 13, 2018 Jan 2, 2019 Nov 15, 2018 $0.11 normal
Sep 13, 2018 Oct 2, 2018 Aug 14, 2018 $0.11 normal
Jun 14, 2018 May 22, 2018 $0.11 normal
Mar 14, 2018 Apr 2, 2018 Mar 1, 2018 $0.11 normal
Dec 21, 2017 Nov 28, 2017 $0.11 normal
Sep 14, 2017 Aug 22, 2017 $0.11 normal
Jun 14, 2017 May 25, 2017 $0.11 normal
Jun 13, 2017 Jul 3, 2017 May 25, 2017 $0.11 normal
Mar 14, 2017 Mar 1, 2017 $0.11 normal
Mar 13, 2017 Apr 3, 2017 Mar 1, 2017 $0.11 normal
Dec 14, 2016 Nov 17, 2016 $0.11 normal
Dec 13, 2016 Jan 3, 2017 Nov 17, 2016 $0.11 normal
Sep 14, 2016 Aug 23, 2016 $0.11 normal
Sep 13, 2016 Oct 3, 2016 Aug 23, 2016 $0.11 normal
Jun 14, 2016 May 26, 2016 $0.11 normal
Jun 13, 2016 Jul 1, 2016 May 26, 2016 $0.11 normal

Valley National Bancorp dividend payout ratio

What is Valley National Bancorp dividend payout ratio compared to the sector

Payout ratio

Valley National Bancorp's payout ratio of 43.6% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.2%, Valley National Bancorp's payout ratio is 44% higher.

Total amount of dividends paid per financial year (from cash flow)

VLY dividend vs peer dividends

How does VLY dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
VLY Valley National Bancorp 3.79% $0.44 43.6%
PKBK Parke Bancorp Inc 3.18% $0.66 19%
MTB M&T Bank Corp 2.56% $4.8 44.5%
UNTY Unity Bancorp Inc 1.6% $0.42 11.6%
PGC Peapack Gladstone Financial Corp 0.56% $0.2 5.9%

Frequently asked questions

Does Valley National Bancorp pay a dividend?

Yes, Valley National Bancorp has paid four dividends in the last 12 months. VLY has been paying dividends since 1994.

When is Valley National Bancorp's next dividend?

VLY hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in December 2022.

When was VLY's last dividend?

Valley National Bancorp's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $0.11 per share.

How much dividend does Valley National Bancorp pay (per share)?

VLY has paid dividend of $0.44 per share in the last year.

What is Valley National Bancorp's dividend yield?

Valley National Bancorp's current dividend yield is 3.93%.

How often does Valley National Bancorp pay dividends?

Valley National Bancorp has a quarterly dividend frequency.

What is Valley National Bancorp's dividend payout ratio?

Valley National Bancorp's dividend payout ratio is 43.6%.

Does Valley National Bancorp pay a good dividend?

Valley National Bancorp's dividend yield is higher than the Financial Services sector average.