What is the total return of VLY over the past year?
Valley National Bancorp (VLY) delivered a total return of 28.44% over the past year when dividends are reinvested. The price-only return was 22.83%, meaning dividends contributed an additional 5.62 percentage points to total returns.
How much would $10,000 invested in VLY be worth today?
A $10,000 investment in Valley National Bancorp one year ago would be worth $12,844 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $12,283. Dividend reinvestment added $562 to the portfolio value.
Does VLY pay dividends?
Yes, Valley National Bancorp (VLY) pays dividends. Over the past year, VLY paid 4 dividends totaling $0.4400 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.