5 Stocks Going Ex-Dividend Tomorrow: VLY, UFS, ALB, CNQ, VOD

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Tomorrow, June 12, 2013, 82 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 18.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Valley National Bancorp

Owners of Valley National Bancorp (NYSE: VLY) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $9.16 as of 9:35 a.m. ET, the dividend yield is 7.1%.

The average volume for Valley National Bancorp has been 1.1 million shares per day over the past 30 days. Valley National Bancorp has a market cap of $1.8 billion and is part of the banking industry. Shares are down 0.4% year to date as of the close of trading on Monday.

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Valley National Bancorp operates as the bank holding company for the Valley National Bank that provides commercial, retail, and wealth management financial services. The company has a P/E ratio of 12.93.

TheStreet Ratings rates Valley National Bancorp as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and weak operating cash flow. You can view the full Valley National Bancorp Ratings Report now.

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