WAYNE, N.J., Nov. 24, 2015 /PRNewswire/ -- Valley National
Bancorp (NYSE: VLY) ("Valley"), the holding company for
Valley National Bank, announced today that a preferred stock cash
dividend of $0.390625 per share will
be paid December 30, 2015 to
shareholders of record on December 11,
2015 on its 6.25% Fixed-To-Floating Rate Non-Cumulative
Perpetual Preferred Stock Series A.
Valley also announced that a common stock cash dividend of
$0.11 per share will be paid
January 4, 2016 to shareholders of
record on December 15, 2015. The
dividend amount per share was unchanged as compared to the previous
quarterly common cash dividend. The common cash dividend should not
be used as an indicator of future dividends to Valley's common
stockholders.
About Valley
Valley National Bancorp is a regional bank holding company
headquartered in Wayne, New Jersey
with over $19 billion in assets. Its
principal subsidiary, Valley National Bank, currently operates over
200 branch locations serving 24 counties throughout northern and
central New Jersey, the
New York City boroughs of
Manhattan, Brooklyn, Queens and Long
Island, and Florida. Valley
National Bank is one of the largest commercial banks headquartered
in New Jersey and is committed to
providing the most convenient service, the latest in product
innovations and an experienced and knowledgeable staff with a high
priority on friendly customer service 24 hours a day, 7 days a
week. For more information about Valley National Bank and its
products and services, please visit www.valleynationalbank.com or
call Customer Service 24/7 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 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 "should,"
"expect," "believe," "view," "opportunity," "allow," "continues,"
"reflects," "typically," "usually," "anticipate," or similar
statements or variations of such terms. Such forward-looking
statements involve certain risks and uncertainties and 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, 2014.
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SOURCE Valley National Bancorp