Valley National Bancorp Non-Cum Perp Pfd Stock Dividends
VLYPP pays dividends quarterly. Last paid amount was $0.391 at Apr 01, 2024. As of today, dividend yield (TTM) is 7.87%.
Dividend Yield Range
AI Analysis of VLYPP
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 7.87% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -0.0946% |
| Payout Ratio | 0 |
| Amount Per Share | $0.391 |
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Valley National Bancorp Non-Cum Perp Pfd Shs Series A has not yet announced its next dividend date. Last payment date was: Apr 01, 2024.
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VLYPP Dividend Payout History
To ensure a understanding of VLYPP'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 | Feb 23, 2024 | Mar 13, 2024 | Apr 01, 2024 | $0.391 | 1.75% |
| 2 | Dec 06, 2023 | Dec 13, 2023 | Jan 02, 2024 | $0.391 | 1.97% |
| 3 | Aug 14, 2023 | Sep 13, 2023 | Sep 29, 2023 | $0.391 | 2.04% |
| 4 | May 15, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.391 | 2.12% |
| 5 | Mar 01, 2023 | Mar 14, 2023 | Mar 30, 2023 | $0.391 | 1.84% |
| 6 | Nov 18, 2022 | Dec 14, 2022 | Dec 30, 2022 | $0.391 | 1.61% |
| 7 | Aug 19, 2022 | Sep 14, 2022 | Sep 30, 2022 | $0.391 | 1.54% |
| 8 | May 23, 2022 | Jun 14, 2022 | Jun 30, 2022 | $0.391 | 1.59% |
| 9 | Mar 02, 2022 | Mar 14, 2022 | Mar 30, 2022 | $0.391 | 1.44% |
| 10 | Dec 14, 2021 | Dec 14, 2021 | Dec 30, 2021 | $0.391 | 1.30% |
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
VLYPP Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from VLYPP 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 VLYPP stock here.
Comparing VLYPP to Sector and Country
VLYPP pays a solid dividend yield of 7.87%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). VLYPP’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.06%), which means that there are more attractive dividend stocks to consider.
VLYPP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Valley National Bancorp Non-Cum Perp Pfd Shs Series A | 3.848B | $0.391 | 7.87% | 39.77% | |
| Cathay General Bancorp | 2.736B | $0.340 | 3.62% | 22.46% | |
| Independent Bank Group | 1.767B | $0.380 | 3.58% | 59.84% | |
| ServisFirst Bancshares | 3.522B | $0.300 | 1.66% | 15.36% |
