WAYNE, N.J., Aug. 19, 2015
/PRNewswire/ -- Valley National Bancorp (NYSE:
VLY)("Valley"), the holding company for Valley National Bank,
announced today that a preferred stock cash dividend of
$0.438368 per share will be paid
September 30, 2015 to shareholders of
record on September 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
October 1, 2015 to shareholders of
record on September 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 southeast and central 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