Insights into Valley National Bancorp's Latest Dividend Declaration

Author: Thomas Cooper Updated: 02-19-2025 04:23 PM

Valley National Bancorp Announces Regular Dividends

Valley National Bancorp (NASDAQ: VLY), the esteemed holding company behind Valley National Bank, has recently revealed its upcoming regular quarterly dividends. These dividends will be awarded to shareholders of record, a significant financial moment that speaks to the strength and stability of the company amidst evolving market conditions.

Details of Declared Dividends

The declared dividends are as follows:

Preferred Stock Dividends

For the Non-Cumulative Perpetual Preferred Stock Series A, investors will receive a cash dividend of $0.390625 per share, payable on March 31, 2025. Meanwhile, shareholders of Series B will benefit from a dividend of $0.516197 per share, and those holding Series C preferred stock will earn $0.515625 per share, both paid on the same date. These dividends reflect Valley's commitment to providing consistent returns to its shareholders.

Common Stock Dividend

Additionally, the common stock will provide a cash dividend of $0.11 per share, scheduled for payment on April 1, 2025. Interestingly, this amount remains consistent with the previous quarter's dividend, indicating a stability that investors often seek.

The Significance of the Dividend Structure

Maintaining the common stock dividend at the same rate suggests that Valley National Bancorp is focused on sustaining its financial health and prioritizing shareholder returns. While such cash dividends serve as a comforting assurance for investors, it's essential to note that they should not be interpreted as a guaranteed measure of future dividend declarations.

About Valley National Bancorp

Valley National Bank is renowned as the principal subsidiary of Valley National Bancorp. With assets exceeding $62 billion, it operates numerous convenient branch locations across various states. This expansive presence underlines Valley's commitment to empowering individuals and businesses alike. By focusing on exceptional service and innovative solutions, Valley aims to fulfill customer needs while supporting community growth and prosperity.

Connect with Valley National Bancorp

For those interested in learning more about the services and commitments of Valley National Bancorp, additional details can be accessed by visiting their official website or reaching out via their Customer Care Center.

Frequently Asked Questions

What dividends has Valley National Bancorp declared?

Valley National Bancorp has declared cash dividends for its preferred stocks ranging from $0.390625 to $0.516197 per share and a common stock dividend of $0.11.

When will these dividends be paid?

Dividends for preferred stocks will be paid on March 31, 2025, and the common stock dividend will be paid on April 1, 2025.

What is the significance of these dividends?

These dividends demonstrate Valley National Bancorp's commitment to providing consistent returns to its shareholders, reflecting its robust financial stability.

How does Valley National Bancorp support community growth?

Valley is dedicated to enhancing community prosperity through their banking services and innovative solutions tailored to meet the needs of businesses and individuals.

Who should I contact for more information?

For further inquiries, you can reach out to Travis Lan, Executive Vice President and Interim Chief Financial Officer, at (973) 686-5007.

About The Author

Hello, I'm Thomas Cooper, a financial expert and writer passionate about helping people understand and navigate the financial world. Having a solid financial background and a lot of experience, my area of expertise is simplifying difficult financial ideas into useful, understandable guidance. My goal with my writings and blog entries is to provide you the information and resources you need to make wise financial choices.

I am thrilled to contribute my ideas and engage with a lively investor community at Investors Hangout, where I recently joined the team. My mission is to make finance interesting and approachable so you may take charge of your financial future. I appreciate you coming along on this path to success and financial knowledge.

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