Valley National Bancorp Dividend
Dividend criteria checks 5/6
Valley National Bancorp is a dividend paying company with a current yield of 4.76% that is well covered by earnings.
Key information
4.8%
Dividend yield
62%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.440 |
| Earnings per share | €0.71 |
| Dividend yield forecast | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VNB's dividends per share have been stable in the past 10 years.
Growing Dividend: VNB's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Valley National Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VNB) | 4.8% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast (VNB) (up to 3 years) | 4.9% |
Notable Dividend: VNB's dividend (4.76%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: VNB's dividend (4.76%) is in the top 25% of dividend payers in the German market (4.72%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.6%), VNB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VNB's dividends in 3 years are forecast to be well covered by earnings (40.6% payout ratio).