Valley National Bancorp Declares Dividends for Stakeholders
Valley National Bancorp Declares Its Regular Quarterly Preferred and Common Stock Dividends
Valley National Bancorp (NASDAQ:VLY) (“Valley”), the holding company for Valley National Bank, announced today its regular preferred and common dividends. The declared quarterly dividends to shareholders of record are as follows:
Dividend Details
A cash dividend of $0.390625 per share to be paid on Valley’s Non-Cumulative Perpetual Preferred Stock Series A.
A cash dividend of $0.598871 per share to be paid on Valley’s Non-Cumulative Perpetual Preferred Stock Series B.
A cash dividend of $0.320833 per share to be paid on Valley’s Non-Cumulative Perpetual Preferred Stock Series C.
A cash dividend of $0.11 per share will be paid on Valley’s common stock.
Consistency in Dividends
The common stock cash dividend amount per share was unchanged as compared to the previous quarter dividend. The common cash dividend should not be used as an indicator of future dividends to Valley’s common stockholders.
About Valley National Bancorp
As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $62 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations and commercial banking offices and is dedicated to providing the most convenient service, the latest innovations, and an experienced and knowledgeable team focused on meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy.
Contact Information
For any inquiries, please contact:
Travis Lan
Executive Vice President and
Deputy Chief Financial Officer
(973) 686-5007
Frequently Asked Questions
What are the announced dividends for Valley National Bancorp?
The announced dividends include various amounts for different series of preferred stock and a common stock dividend, which remains unchanged.
When will the dividends be paid?
The dividends are to be paid on specific dates in September and October.
How much is the cash dividend for the common stock?
The cash dividend for the common stock is $0.11 per share.
What is the financial position of Valley National Bank?
Valley National Bank has approximately $62 billion in assets, highlighting its solid financial base.
Who can I contact for more information?
For further details, you can reach out to Travis Lan at (973) 686-5007.
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