|
|
|
Highest Yielding Preferred Stocks
By Preferred Stock Channel Staff, updated Tuesday, April 30, 8:49 PM
#50. Valley National Bancorp (NJ) | 5.50% Shares of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (NASDAQ:VLYPO) | 9.65% CURRENT YIELD
Discount to Liquidation Preference: -3.76% | Average Discount in Category: -10.88% |
Current Annualized Yield: 9.65% | Average Yield in Category: 6.75% | Days Since Last Ex-Div Date: 47 | See Dividend History » | Categorization: Financial |
Series: | B | Redeemable?: | Yes | Call Date: | 9/30/2022 (Now Trading Post Call Date) | Perpetual?: | Yes | Cumulative?: | No | Shares Offered: | 4,000,000 | Liquidation Preference: | $25.00 | Recent Market Price: | $24.24 | Discount to Liquidation Preference: (More Preferreds Trading at a Discount ») | $-0.76 (-3.04%) | Annualized Dividend: | 2.32246 | Recent Ex-Date: | 3/13/2024 | Current Yield: | 9.58% | Original Coupon: | 5.50% | Pay Period: | Quarterly | Pay Dates: | 30-Mar, 30-Jun, 30-Sep, 30-Dec | CDx3 Compliance Rating: |
Learn VLYPO's Rating
|
|
Valley National Bancorp is a bank holding company. Through its subsidiary, Valley National Bank (the Bank), Co. provides a suite of banking solutions through various commercial, retail, insurance and wealth management financial services products. The Bank provides a range of banking services including account management services, online and mobile banking, drive-in and night deposit services, telephone banking, automated teller machines, remote deposit capture, and safe deposit facilities. In addition, certain international banking services are available to customers, including standby letters of credit, documentary letters of credit and related products, and certain ancillary services. Preferreds: VLYPP, VLYPO Open the VLY Information Page »
|
Name: |
Valley National Bancorp (NJ) |
Website: |
www.valley.com |
Sector: |
Banking & Savings |
Number of ETFs Holding VLY: |
60 (see which ones) |
Total Market Value Held by ETFs: |
$734,733,391.8 |
Total Market Capitalization: |
$3,725,000,000 |
% of Market Cap. Held by ETFs: |
19.72% |
|
|
|