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VLYPN — Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C

Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN)

VLYPN pays a 8.05% distribution rate, quarterly. Its Distribution Safety Score™ is 98 (Safe), giving a Safety-Adjusted Yield of 7.89%. Total return is 21.4% over the past 2 years, 25.2 points behind SPY at 46.6%. Its deepest 1-year drawdown was 3.3%.

Valley National Bancorp is a New Jersey-based bank holding company providing commercial, retail, private banking, insurance, and wealth management services through its subsidiary Valley National Bank. This perpetual preferred stock carries a fixed dividend rate with quarterly distributions and trades with a high current distribution rate. The security appeals to income-focused investors seeking steady quarterly payouts from a financial services company, though preferred shares carry different risk characteristics than common equity.

VLYPN key facts

Distribution Safety Score™
98 · Safe
Safety-Adjusted Yield
7.89%
Asset type
Stock
Asset class
Equity
Inception date
07/30/2024
Distribution rate
8.05%
Distribution frequency
Quarterly
Trailing yield
8.04%
Last close
$25.67
Average volume
2763.0
Last dividend
$0.5160
Ex-dividend date
06/15/2026
Payment date
06/30/2026
Beta
1.048
Payout ratio
0.0413
Forward P/E
0.0