Valley National Bancorp Dividend
Dividend criteria checks 4/6
Valley National Bancorp is a dividend paying company with a current yield of 6.58% that is well covered by earnings. Next payment date is on 2nd July, 2024 with an ex-dividend date of 13th June, 2024.
Key information
6.6%
Dividend yield
52%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 02 Jul 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.85 |
| Dividend yield forecast in 3Y | 7.0% |
Recent dividend updates
Valley National Bancorp (NASDAQ:VLY) Is Paying Out A Dividend Of $0.11
Jun 04
Valley National Bancorp (NASDAQ:VLY) Is Due To Pay A Dividend Of $0.11
Dec 10Recent updates
Valley National Bancorp (NASDAQ:VLY) Is Paying Out A Dividend Of $0.11
Jun 04Valley National Bancorp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 28Valley National Bank: Q1 Results Should Calm Fears
Apr 28Valley National Bancorp: Q4 Earnings Disappoint But Guidance Is Solid
Jan 29Valley National Bancorp (NASDAQ:VLY) Is Due To Pay A Dividend Of $0.11
Dec 10Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11
Aug 18Is Now The Time To Put Valley National Bancorp (NASDAQ:VLY) On Your Watchlist?
Aug 09Valley National Bancorp (NASDAQ:VLY) Has Announced A Dividend Of $0.11
Jun 01Valley National Bancorp (NASDAQ:VLY) Is Due To Pay A Dividend Of $0.11
Dec 08Valley National Bancorp (NASDAQ:VLY) Is Paying Out A Dividend Of $0.11
Nov 24Valley National Bancorp: Strong Topline Growth On The Cards
Sep 29Valley National Bancorp prices $150M of subordinated notes
Sep 15Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11
Sep 08Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11
Aug 21Valley National Bancorp declares $0.11 dividend
Aug 16Valley National Bancorp parks $25M in an early-stage fintech-oriented Israeli VC
Aug 04Valley National Bancorp Non-GAAP EPS, revenue beats estimates
Jul 28Valley National Bancorp (NASDAQ:VLY) Has Announced A Dividend Of US$0.11
May 21Valley National Bancorp: Organic And Acquired Loan Growth To Boost Earnings
Mar 17Valley National Bancorp: Acquisition-Related Benefits In The Limelight
Dec 24Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be US$0.11
Dec 11Valley National Bancorp: Upcoming Acquisitions To Mop-Up Some Excess Liquidity, Boost The Balance Sheet
Sep 29Valley National Bancorp (NASDAQ:VLY) Has Announced A Dividend Of US$0.11
Sep 05Valley National Bancorp (NASDAQ:VLY) Has Affirmed Its Dividend Of US$0.11
Aug 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VLY's dividend payments have been volatile in the past 10 years.
Growing Dividend: VLY'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 (VLY) | 6.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (VLY) | 7.0% |
Notable Dividend: VLY's dividend (6.58%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: VLY's dividend (6.58%) is in the top 25% of dividend payers in the US market (4.78%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), VLY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VLY's dividends in 3 years are forecast to be well covered by earnings (41.7% payout ratio).