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Zions Bancorporation’s Board Declares Dividends on Common and Preferred Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Zions Bancorporation declares regular quarterly dividend of $0.41 per common share and cash dividends on various perpetual preferred shares.
Positive
Zions Bancorporation declares regular quarterly dividend of $0.41 per common share, payable on August 24, 2023.
Cash dividends declared on various perpetual preferred shares, payable on September 15, 2023.
Negative
None.
SALT LAKE CITY--(BUSINESS WIRE)--
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 24, 2023, to shareholders of record at the close of business on August 17, 2023.
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, 2023, to shareholders of record on September 1, 2023:
Series A (NASDAQ: ZIONP; CUSIP: 98973A104);
Series G (NASDAQ: ZIONO; CUSIP: 989701859); and
Series J (CUSIP: 989701BF3)
The cash dividend on the Series I (CUSIP: 989701BD8) shares is payable on December 15, 2023, to shareholders of record on December 1, 2023.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with 2022 net revenue of $3.2 billion and approximately $90 billion of total assets. 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 500 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at zionsbancorporation.com.
Shannon Drage
Acting Director of Investor Relations
Tel: (801) 844‐8208
Source: Zions Bancorporation, N.A.
FAQ
What is the dividend amount declared by Zions Bancorporation?
Zions Bancorporation declared a regular quarterly dividend of $0.41 per common share.
When is the dividend payable?
The dividend is payable on August 24, 2023.
What are the perpetual preferred shares that received cash dividends?
The Series A, Series G, and Series J perpetual preferred shares received cash dividends.
When are the cash dividends on perpetual preferred shares payable?
The cash dividends on the Series A, Series G, and Series J perpetual preferred shares are payable on September 15, 2023.
Is Zions Bancorporation included in any stock indices?
Yes, Zions Bancorporation is included in the S&P 500 and NASDAQ Financial 100 indices.
Zions Bancorporation, N.A. Depositary Shares, Each Representing 1/40th Interest in a Share of Series G Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock
zions bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select high growth markets. under local management teams and community identities, zions operates over 500 full-service banking offices in arizona, california, colorado, idaho, nevada, new mexico, oregon, texas, utah and washington. in addition, zions is a national leader in sba lending, public finance advisory services, and agricultural finance. the company is included in the s&p 500 index.