Valley National Bancorp Maintains Common Dividend While Declaring Preferred Payouts

BenzingaBenzinga
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Key Takeaway

Valley National Bancorp maintains common dividend at $0.11 per share while declaring preferred stock payouts ranging from $0.47 to $0.52 per share.

Valley National Bancorp Maintains Common Dividend While Declaring Preferred Payouts

Valley National Bancorp (NASDAQ: VLY) has declared its quarterly dividend distributions across both preferred and common stock classes, with payment dates set for shareholders of record as of March 13, 2026. The regional bank announced preferred stock dividends spanning three series, with per-share amounts ranging from $0.470324 to $0.515625, reflecting the varying rates associated with each preferred class.

The company sustained its common stock dividend at $0.11 per share, holding the payout steady from the previous quarter. This consistent common dividend reflects the bank's commitment to returning capital to equity holders while maintaining operational flexibility amid the current economic environment.

The declaration underscores Valley National Bancorp's ongoing capital management strategy, balancing shareholder returns with prudent financial stewardship across its preferred and common equity tiers.

Source: Benzinga

Back to newsPublished Feb 24

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