Valley National Bancorp Stock Dividends
Valley National Bancorp Stock Dividends Overview
VLY pays dividends quarterly. Last paid amount was $0.110 at Apr 02, 2024. As of today, dividend yield (TTM) is 5.48%.
Dividend Yield Range
AI Analysis of VLY
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.48% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.110 |
| Next Ex-Dividend Date | Jun 13, 2024 |
| Next Payment Date | Jul 02, 2024 |
VLY Dividend Payout History
To ensure a understanding of VLY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 30, 2024 | Jun 13, 2024 | Jul 02, 2024 | $0.110 | 1.67% |
| 2 | Feb 21, 2024 | Mar 13, 2024 | Apr 02, 2024 | $0.110 | 1.45% |
| 3 | Dec 06, 2023 | Dec 13, 2023 | Jan 03, 2024 | $0.110 | 1.06% |
| 4 | Aug 14, 2023 | Sep 13, 2023 | Oct 02, 2023 | $0.110 | 1.33% |
| 5 | Aug 06, 2023 | Jun 14, 2023 | Jul 03, 2023 | $0.110 | 1.38% |
| 6 | Mar 01, 2023 | Mar 14, 2023 | Apr 03, 2023 | $0.110 | 1.21% |
| 7 | Nov 18, 2022 | Dec 14, 2022 | Dec 30, 2022 | $0.110 | 0.97% |
| 8 | Aug 16, 2022 | Sep 14, 2022 | Oct 03, 2022 | $0.110 | 0.98% |
| 9 | May 18, 2022 | Jun 14, 2022 | Jul 01, 2022 | $0.110 | 1.04% |
| 10 | Mar 02, 2022 | Mar 14, 2022 | Apr 01, 2022 | $0.110 | 0.84% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
VLY Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from VLY dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in VLY stock here.
Comparing VLY to Sector and Country
VLY pays a solid dividend yield of 5.48%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). VLY’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.77%), which means that there are more attractive dividend stocks to consider.
VLY Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| TFS Financial Corporation | 3.47B | $0.283 | 8.80% | 74.60% | |
| Valley National Bancorp | 3.35B | $0.110 | 5.48% | 53.62% | |
| Virtu Financial | 2.051B | $0.240 | 4.83% | 231.81% | |
| Glacier Bancorp | 4.026B | $0.330 | 3.75% | 75.49% | |
| SLM Corporation | 4.542B | $0.110 | 2.99% | 15.56% | |
| BOK Financial Corporation | 5.753B | $0.550 | 2.69% | 31.55% | |
| South State Corporation | 5.552B | $0.520 | 2.66% | 33.79% | |
| Enstar Group Limited | 4.767B | $3.00 | 0% | 4.43% |
