Zions Bancorp (ZION) Declares $0.08 Quarterly Dividend; 1.2% Yield; Approves Stock Buyback Program

Zions Bancorp (NASDAQ: ZION) declared a quarterly dividend of $0.08 per share, or $0.32 annualized.

The dividend will be payable on August 25, 2016, to stockholders of record on August 18, 2016, with an ex-dividend date of August 16, 2016.

The annual yield on the dividend is 1.2 percent.

Zions also announced today that the board has authorized the commencement of its stock buyback program, including $45 million in the third quarter of 2016. The board of directors also declared the regular quarterly cash dividends on the company's various perpetual preferred shares; the cash dividend on the Series A, F, G, H and J shares are payable on September 15, 2016 to shareholders of record on September 1, 2016, while the cash dividend on the Series I shares are payable on December 15, 2016 to shareholders of record on December 1, 2016.

For a dividend history and other dividend-related data on Zions Bancorp (ZION) click here.

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