Valley National Bancorp (NASDAQ:VLYPP) Trading Up 0% – Here’s Why

Valley National Bancorp (NASDAQ:VLYPP)’s stock price was up 0% during trading on Friday . The stock traded as high as $25.48 and last traded at $25.37. Approximately 6,174 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 9,214 shares. The stock had previously closed at $25.36.

Valley National Bancorp Stock Up 0.0%

The company has a 50 day moving average of $25.46 and a 200 day moving average of $24.99.

Valley National Bancorp (NASDAQ:VLYPP) last released its quarterly earnings results on Thursday, January 26th. The company reported $0.29 EPS for the quarter. The business had revenue of $353.54 million during the quarter.

Valley National Bancorp Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be issued a $0.5127 dividend. This represents a $2.05 annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Monday, December 15th.

Valley National Bancorp Company Profile

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments.