Zions Bancorporation sets dividends for common and preferred shares

Published 02/05/2025, 18:54
Zions Bancorporation sets dividends for common and preferred shares

SALT LAKE CITY - Zions Bancorporation, N.A. (NASDAQ: ZION), a leading financial services company with a remarkable 55-year history of consistent dividend payments, announced its board of directors has declared a regular quarterly dividend of $0.43 per common share, representing an attractive 5.59% yield. Shareholders of record by the close of business on May 15, 2025, will receive the dividend on May 22, 2025. According to InvestingPro, the company has raised its dividend for 12 consecutive years.

The board also declared a regular quarterly cash dividend for the company’s Series A perpetual preferred shares (NASDAQ: ZIONP; CUSIP: 98973A104), payable to shareholders on record as of June 1, 2025, with a payment date of June 16, 2025.

Zions Bancorporation, with total assets of approximately $89 billion as of December 31, 2024, operates under various local management teams and brands across 11 western states, including Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company has earned recognition through customer survey awards for its services in small- and middle-market banking and is a noted leader in public finance advisory services and Small Business Administration lending. Zions is also a part of the S&P MidCap 400 and NASDAQ Financial 100 indices.

This financial update is based on a press release statement from Zions Bancorporation.

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