Valley National Bancorp (
) has announced an ex-dividend date of December 12, 2012 and a cash
dividend payment of $0.1625 per share scheduled for January 02,
2013. Shareholders who purchased VLY stock prior to the ex-dividend
date are eligible for the cash dividend payment. This marks the 3rd
quarter that VLY has paid the same dividend. At the current stock
price of $9.48, the dividend yield is 6.86%.
The previous trading day's last sale of VLY was $9.48,
representing a -25.27% decrease from the 52 week high of $12.69 and
a 9.6% increase over the 52 week low of $8.65.
VLY is a part of the Finance sector, which includes companies
such as Wells Fargo & Company (
) and J P Morgan Chase & Co (
). VLY's current earnings per share, an indicator of a company's
profitability, is $.68. Zacks Investment Research reports VLY's
forecasted earnings growth in 2012 as -10.69%, compared to an
industry average of 9.1%.
For more information on the declaration, record and payment
dates, visit the