VLY Valley National Bancorp dividend history, payout ratio & dates
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 4.29%.
Key dates
- VLY last dividend date: Sep 13, 2024
VLY dividend stats
vs. Financial Services sector
Dividend yield
Valley National Bancorp's dividend yield of 4.29% is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.58%, Valley National Bancorp's dividend yield is 66% higher. The historical 5-year average of VLY's dividend yield is 4.5%, which is higher than the current one.
Dividend history
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 19% from a year ago, the dividend yield has decreased by 16%.
Recent dividends
| 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 dividend payout ratio
Payout ratio
Valley National Bancorp's payout ratio of 71% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44%, Valley National Bancorp's payout ratio is 61% higher.
Total amount of dividends paid per financial year (from cash flow)
VLY dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VLY Valley National Bancorp | 4.29% | $0.44 | 71% |
| PKBK Parke Bancorp Inc | 3.13% | $0.72 | 30.5% |
| MTB M&T Bank Corp | 2.45% | $5.3 | 39% |
| UNTY Unity Bancorp Inc | 1.11% | $0.51 | 12.9% |
| PGC Peapack Gladstone Financial Corp | 0.56% | $0.2 | 10.9% |
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 was VLY's last dividend?
Valley National Bancorp's last regular dividend was on Sep 13, 2024 (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 4.29%.
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 71%.
Does Valley National Bancorp pay a good dividend?
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.