Valley National Bancorp Dividend
Dividend criteria checks 4/6
Valley National Bancorp is a dividend paying company with a current yield of 5.69% that is well covered by earnings.
Key information
5.7%
Dividend yield
52%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.85 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VLYP.P's dividend payments have been volatile in the past 10 years.
Growing Dividend: VLYP.P's dividend payments have fallen 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.P) | 5.7% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (VLYP.P) | 6.0% |
Notable Dividend: VLYP.P's dividend (5.69%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: VLYP.P's dividend (5.69%) is in the top 25% of dividend payers in the US market (4.72%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), VLYP.P's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VLYP.P's dividends in 3 years are forecast to be well covered by earnings (40.1% payout ratio).