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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 preferred shares. Zions Bancorporation is a premier financial services company with $3.2 billion net revenue in 2022 and $90 billion total assets.
Positive
Zions Bancorporation declares regular quarterly dividend of $0.41 per common share
Zions Bancorporation has $3.2 billion net revenue in 2022
Zions Bancorporation has $90 billion total assets
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 May 25, 2023 to shareholders of record at the close of business on May 18, 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 June 15, 2023 to shareholders of record on June 1, 2023:
Series A (NASDAQ: ZIONP; CUSIP: 98973A104);
Series G (NASDAQ: ZIONO; CUSIP: 989701859); and
Series I (CUSIP: 989701BD8)
The cash dividend on the Series J (CUSIP: 989701BF3) shares is payable on September 15, 2023 to shareholders of record on September 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.