Valley National Bancorp Dividend
Dividend criteria checks 5/6
Valley National Bancorp is a dividend paying company with a current yield of 5.23% that is well covered by earnings.
Key information
5.2%
Dividend yield
62%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.440 |
Earnings per share | US$0.71 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VLYP.N's dividends per share have been stable in the past 10 years.
Growing Dividend: VLYP.N's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Valley National Bancorp Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VLYP.N) | 5.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Banks) | 2.9% |
Analyst forecast in 3 Years (VLYP.N) | 5.7% |
Notable Dividend: VLYP.N's dividend (5.23%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: VLYP.N's dividend (5.23%) is in the top 25% of dividend payers in the US market (4.45%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.6%), VLYP.N's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VLYP.N's dividends in 3 years are forecast to be well covered by earnings (41.6% payout ratio).