Valley National Bancorp Declares Its Regular Quarterly Preferred and Common Stock Dividends
20 Agosto 2024 - 3:30PM
Valley National Bancorp (
NASDAQ:VLY) (“Valley”),
the holding company for Valley National Bank, announced today its
regular preferred and common dividends. The declared quarterly
dividends to shareholders of record on September 13, 2024 are as
follows:
- A cash dividend of $0.390625 per
share to be paid September 30, 2024 on Valley’s Non-Cumulative
Perpetual Preferred Stock Series A;
- A cash dividend of $0.598871 per
share to be paid September 30, 2024 on Valley’s Non-Cumulative
Perpetual Preferred Stock Series B;
- A cash dividend of $0.320833 per
share to be paid September 30, 2024 on Valley’s Non-Cumulative
Perpetual Preferred Stock Series C; and
- A cash dividend of $0.11 per share
will be paid October 1, 2024 on Valley’s common stock.
The common stock cash dividend amount per share
was unchanged as compared to the previous quarter dividend. The
common cash dividend should not be used as an indicator of future
dividends to Valley’s common stockholders.
About Valley
As the principal subsidiary of Valley National
Bancorp, Valley National Bank is a regional bank with approximately
$62 billion in assets. Valley is committed to giving people and
businesses the power to succeed. Valley operates many convenient
branch locations and commercial banking offices in New Jersey, New
York, Florida, Alabama, California, and Illinois and is committed
to providing the most convenient service, the latest innovations
and an experienced and knowledgeable team dedicated to meeting
customer needs. Helping communities grow and prosper is the heart
of Valley’s corporate citizenship philosophy. To learn more about
Valley, go to www.valley.com or call our Customer Care Center at
800-522-4100.
Forward Looking Statements
The foregoing contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements are not historical facts and
include expressions about management’s confidence and strategies
and management’s expectations about Valley’s business, new and
existing programs and products, acquisitions, relationships,
opportunities, taxation, technology, market conditions and economic
expectations. These statements may be identified by such
forward-looking terminology as “intend,” “should,” “expect,”
“believe,” “view,” “opportunity,” “allow,” “continues,” “reflects,”
“typically,” “usually,” “anticipate,” “may,” “estimate,” “outlook,”
“project,” or similar statements or variations of such terms. Such
forward-looking statements involve certain risks and uncertainties.
Valley’s actual results may differ materially from such
forward-looking statements. Factors that may cause actual results
to differ materially from those contemplated by such
forward-looking statements include, but are not limited to those
risk factors disclosed in Valley’s Annual Report on Form 10-K for
the year ended December 31, 2023.
Contact: |
Travis Lan Executive Vice President
and Deputy Chief Financial
Officer(973) 686-5007 |
Valley National Bancorp (NASDAQ:VLY)
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