Shares of Valley National Bancorp (NYSE:VLY) ended Friday session in green amid volatile trading. The shares closed up +0.02 points or 0.21% at $9.39 with 6.82 million shares getting traded. Post opening the session at $9.36, the shares hit an intraday low of $9.28 and an intraday high of $9.41 and the price vacillated in this range throughout the day. The company has a market cap of $2.35 billion and the numbers of outstanding shares have been calculated to be 254.48 million shares.
Valley National Bancorp (VLY) on Aug. 23, 2016 announced that a preferred stock cash dividend of $0.390625 per share will be paid September 30, 2016 to shareholders of record on September 9, 2016 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 3, 2016 to shareholders of record on September 15, 2016. 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.
Shares of CYS Investments Inc (NYSE:CYS) ended Friday session in red amid volatile trading. The shares closed down -0.09 points or -1.01% at $8.84 with 6.78 million shares getting traded. Post opening the session at $8.91, the shares hit an intraday low of $8.74 and an intraday high of $8.93 and the price vacillated in this range throughout the day. The company has a market cap of $1.34 billion and the numbers of outstanding shares have been calculated to be 151.41 million shares.
CYS Investments Inc (CYS) announced that Kevin E. Grant, CFA, the Company’s CEO and President, will deliver a presentation at the JMP Securities 2016 Financial Services and Real Estate Conference at the St. Regis New York Hotel on Tuesday, September 27, 2016 at approximately 9:30 a.m. (ET).
The presentation will be webcast live and can be accessed through the CYS website at www.cysinv.com. A replay of the presentation will be available within 24 hours of the live presentation and will be accessible for 90 days.