Zions Bancorp (ZION) Declares $0.34 Quarterly Dividend; $100M Buyback

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Zions Bancorporation’s Board Approves Various Capital Actions Including Dividends, Common Share Repurchases, and Redemption of Series H Preferred Shares

April 30, 2021 12:25 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors (board) authorized a common share repurchase for the second quarter of 2021 of up to $100 million.

The board also declared a regular quarterly dividend of $0.34 per common share, payable May 20, 2021 to shareholders of record on May 13, 2021.

Additionally, the board authorized the redemption at par value of Zions Series H (NASDAQ: ZIONN; CUSIP: 989701834) perpetual preferred shares, which have been eligible to be redeemed since June 15, 2019, subject to the completion of notification... More