Valley National Bancorp (NASDAQ:VLYPO) Shares Down 0.1% – What’s Next?

Valley National Bancorp (NASDAQ:VLYPO)’s stock price fell 0.1% on Tuesday . The stock traded as low as $25.18 and last traded at $25.19. 4,601 shares changed hands during trading, a decline of 38% from the average session volume of 7,441 shares. The stock had previously closed at $25.22.

Valley National Bancorp Trading Down 0.1%

The business’s 50-day simple moving average is $25.08 and its 200-day simple moving average is $25.05.

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

Valley National Bancorp Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th will be given a $0.4955 dividend. This represents a $1.98 annualized dividend and a dividend yield of 7.9%. The ex-dividend date 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.