Valley National Bancorp (NASDAQ:VLYPP) Shares Down 0.3% – What’s Next?

Valley National Bancorp (NASDAQ:VLYPP)’s stock price dropped 0.3% on Tuesday . The company traded as low as $25.12 and last traded at $25.29. Approximately 9,045 shares were traded during trading, an increase of 2% from the average daily volume of 8,831 shares. The stock had previously closed at $25.36.

Valley National Bancorp Trading Down 0.3%

The firm has a fifty day moving average price of $25.35 and a 200-day moving average price of $25.21.

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

Valley National Bancorp Cuts Dividend

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

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.