Zions Bancorporation Board Approves Share Repurchase and Declares Dividends on Common and Preferred Stock
SALT LAKE CITY, UT (STL.News) Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors authorized a common stock share repurchase for the first quarter of 2021 of up to $50 million.
The Zions board of directors also declared a regular quarterly dividend of $0.34 per common share, payable February 25, 2021 to shareholders of record at the close of business on February 18, 2021.
In addition to these actions, the Zions board of directors declared regular quarterly cash dividends on the company’s perpetual preferred shares.
The cash dividend on the following series are payable March 15, 2021 to shareholders of record on March 1, 2021:
- Series A (NASDAQ: ZIONP; CUSIP: 98973A104);
- Series G (NASDAQ: ZIONO; CUSIP: 989701859);
- Series H (NASDAQ: ZIONN; CUSIP: 989701834); and
- Series J (CUSIP: 989701BF3)
The cash dividend on the Series I (CUSIP: 989701BD8) shares is payable on June 15, 2021 to shareholders of record on June 1, 2021.
Zions Bancorporation, N.A. is one of the nation’s premier financial services companies with annual net revenue of $2.8 billion in 2020 and more than $80 billion of total assets.