Valley National Bancorp (VLY) Dividends
Dividend Yield and Dividend History Highlights
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -7.24 -- higher than only 16.27% of other dividend issuers in the US.
- VLY is producing more trailing twelve month cash flow than 82.15% of US dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with VLY's price: MAS, HD, HBM, JBSS and MGIC.
VLY Price Forecast Based on Dividend Discount Model
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For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Valley National Bancorp, the DDM model generated by StockNews estimates a return of positive 48.29% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Valley National Bancorp are:
- Compared to other US stocks that pay a dividend, Valley National Bancorp produces a dividend yield 6.21% -- which falls in the top 14.63%.
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of 48.29%, based on the stock's current share price and target price based on a dividend discount model, is greater than 79.84% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, Valley National Bancorp bears a discount rate, according to our calculations, lower than 79.84% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- As other dividend issuers in the Financial Services sector, Valley National Bancorp has an equity discount rate lower than 65.67% of them.
VLY Dividend Chart
VLY Dividend History
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VLY Dividends vs. Peers
Looking for More Information on VLY dividends?Here are a few links from around the web to help you further your research on Valley National Bancorp and its dividends:
Valley National Bancorp Common Stock (VLY) Dividend History | Nasdaq
Dividend History for Valley National Bancorp (VLY) - Dividend Investor
Valley National Bancorp (VLY) Dividend History - Seeking Alpha