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Valley National Bancorp (Valley National Bancorp) Dividend Yield %

: 5.70% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Valley National Bancorp is 5.70%.

Good Sign:

Valley National Bancorp stock dividend yield is close to 3-year high.

The historical rank and industry rank for Valley National Bancorp's Dividend Yield % or its related term are showing as below:

VLY' s Dividend Yield % Range Over the Past 10 Years
Min: 2.93   Med: 4.33   Max: 7.29
Current: 5.7

During the past 13 years, the highest Dividend Yield of Valley National Bancorp was 7.29%. The lowest was 2.93%. And the median was 4.33%.

VLY's Dividend Yield % is ranked better than
76.42% of 1200 companies
in the Banks industry
Industry Median: 4 vs VLY: 5.70

Valley National Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.50.

During the past 13 years, the highest Dividend Payout Ratio of Valley National Bancorp was 0.82. The lowest was 0.35. And the median was 0.56.

As of today (2024-04-19), the Forward Dividend Yield % of Valley National Bancorp is 5.70%.

Valley National Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.11.

During the past 10 years, the average Dividends Per Share Growth Rate was -1.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Valley National Bancorp was 18.20% per year. The lowest was -12.50% per year. And the median was 4.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Valley National Bancorp Dividend Yield % Historical Data

The historical data trend for Valley National Bancorp's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Valley National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.84 4.51 3.20 3.85 4.05

Valley National Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.85 4.77 5.68 5.15 4.05

Competitive Comparison

For the Banks - Regional subindustry, Valley National Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Valley National Bancorp Dividend Yield % Distribution

For the Banks industry and Financial Services sector, Valley National Bancorp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Valley National Bancorp's Dividend Yield % falls into.



Valley National Bancorp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Valley National Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1102024-03-132024-03-142024-04-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-12-132023-12-142024-01-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-09-132023-09-142023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Valley National Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.44/7.71
=5.71 %

Current Share Price is $7.71.
Valley National Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.44.

Valley National Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.44/7.71
=5.71 %

Current Share Price is $7.71.
Valley National Bancorp's Dividends per Share for the forward twelve months is calculated as $0.11 * 4 = $0.44.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Valley National Bancorp  (NAS:VLY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Valley National Bancorp Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Valley National Bancorp's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Valley National Bancorp (Valley National Bancorp) Business Description

Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.
Executives
Joseph Chillura officer: SEVP, Chief Ret & Busn Bnkg Of 1455 VALLEY ROAD, WAYNE NJ 07470
Kathleen C Perrott director VALLEY NATIONAL BANCORP, 70 SPEEDWELL AVENUE, MORRISTOWN NJ 07960
Suresh L Sani director 1455 VALLEY ROAD, WAYNE NJ 07470
Avner Mendelson director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Peter J Baum director 1455 VALLEY ROAD, WAYNE NJ 07470
Marc J Lenner director 1455 VALLEY ROAD, WAYNE NJ 07470
Ira Robbins officer: EVP - Treasurer 1455 VALLEY ROAD, WAYNE NJ 07470
Eric P Edelstein director 17 BRENTWOOD DRIVE, N CALDWELL NJ 07006
Peter V Maio director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Melissa J Schultz director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Sidney S Williams director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Jeffrey S Wilks director C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753
Jennifer W Steans director 50 EAST WASHINGTON STREET SUITE 400, C/O FINANCIAL INVESTMENTS CORPORATION, CHICAGO IL 60602
Dafna Landau director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Andrew B Abramson director 1455 VALLEY ROAD, WAYNE NJ 07470