Valley National Bancorp Dividend
Dividend criteria checks 3/6
Valley National Bancorp is a dividend paying company with a current yield of 5.74% that is well covered by earnings.
Key information
5.7%
Dividend yield
52%
Payout ratio
Industry average yield | 4.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$0.85 |
Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VLYB34's dividend payments have been volatile in the past 10 years.
Growing Dividend: VLYB34's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Valley National Bancorp Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (VLYB34) | 5.7% |
Market Bottom 25% (BR) | 2.2% |
Market Top 25% (BR) | 8.7% |
Industry Average (Banks) | 4.6% |
Analyst forecast in 3 Years (VLYB34) | 6.1% |
Notable Dividend: VLYB34's dividend (5.74%) is higher than the bottom 25% of dividend payers in the BR market (2.15%).
High Dividend: VLYB34's dividend (5.74%) is low compared to the top 25% of dividend payers in the BR market (8.69%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), VLYB34's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VLYB34's dividends in 3 years are forecast to be well covered by earnings (40.9% payout ratio).