ZIONS BANCORPORATION'S BOARD DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCK

Rhea-AI Summary

Zions Bancorporation (NASDAQ: ZION) has announced its board's decision to declare a regular quarterly dividend of $0.41 per common share, payable on August 22, 2024, to shareholders of record as of August 15, 2024. The board also declared regular quarterly cash dividends on various perpetual preferred shares, payable September 15, 2024, to shareholders of record on September 1, 2024. This includes Series A, G, I, and J preferred shares.

Zions Bancorporation is a leading financial services company with $3.1 billion in net revenue for 2023 and approximately $87 billion in total assets. Founded in 1873, it operates under local management teams across 11 western states and is recognized for its customer service, public finance advisory services, and Small Business Administration lending.

Positive

• Regular quarterly dividend of $0.41 per common share declared
• Consistent dividend payments on preferred shares
• $3.1 billion net revenue in 2023
• Approximately $87 billion in total assets
• Operates in 11 western states under local management teams
• Recognized for customer service and Small Business Administration lending

Negative

• None.

News Market Reaction

-3.78%

1 alert

-3.78% News Effect

On the day this news was published, ZION declined 3.78%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SALT LAKE CITY, Aug. 2, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") declared a regular quarterly dividend of $0.41 per common share, payable August 22, 2024, to shareholders of record at the close of business on August 15, 2024.

Additionally, the board declared regular quarterly cash dividends on the company's various perpetual preferred shares, as detailed below.

The cash dividend on the following series are payable September 15, 2024, to shareholders of record on September 1, 2024:

• Series A (NASDAQ: ZIONP; CUSIP: 98973A104);
• Series G (NASDAQ: ZIONO; CUSIP: 989701859);
• Series I (CUSIP: 989701BD8); and
• Series J (CUSIP: 989701BF3)

Zions Bancorporation, N.A. is one of the nation's premier financial services companies with 2023 net revenue of $3.1 billion and approximately $87 billion of total assets. Founded in 1873, Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P 400 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at zionsbancorporation.com.

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SOURCE Zions Bancorporation

FAQ

What is the dividend amount for Zions Bancorporation (ZION) common shares?

Zions Bancorporation (ZION) declared a regular quarterly dividend of $0.41 per common share.

When is the dividend payment date for Zions Bancorporation (ZION) common shares?

The dividend for Zions Bancorporation (ZION) common shares is payable on August 22, 2024.

What is the record date for Zions Bancorporation's (ZION) common share dividend?

The record date for Zions Bancorporation's (ZION) common share dividend is August 15, 2024.

When will Zions Bancorporation (ZION) pay dividends on its preferred shares?

Zions Bancorporation (ZION) will pay dividends on its preferred shares on September 15, 2024.

What was Zions Bancorporation's (ZION) net revenue in 2023?

Zions Bancorporation (ZION) reported a net revenue of $3.1 billion for 2023.