Stock Markets
Zions Bancorporation sets dividends for common and preferred shares
SALT LAKE CITY – Zions Bancorporation, N.A. (NASDAQ: NASDAQ:), a leading financial services company, has declared a quarterly dividend for its shareholders. The announcement made today confirms that a dividend of $0.41 per common share will be paid on May 23, 2024, to shareholders of record as of May 16, 2024.
In addition to the common share dividend, the board of Zions Bancorporation has also declared regular quarterly cash dividends on its perpetual preferred shares. Shareholders of record on June 1, 2024, will receive dividends for the following series on June 15, 2024: Series A (NASDAQ: ZIONP), Series G (NASDAQ: ZIONO), Series I, and Series J.
The financial institution, with a history dating back to 1873, reported a net revenue of $3.1 billion in 2023 and manages approximately $87 billion in total assets. Zions operates in 11 western states including Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company is recognized for its performance in small and middle-market banking, public finance advisory services, and Small Business Administration lending. It is also a part of the S&P 400 and indices.
This dividend declaration reflects the company’s commitment to providing value to its shareholders and underscores its stable financial position. The information regarding the dividend announcement is based on a press release statement from Zions Bancorporation.
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