Press release
Zions Bancorporation Board Approves Share Repurchase and Declares Dividends on Common and Preferred Stock
SALT LAKE CITY--(BUSINESS WIRE)-- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors authorized a common stock share
About this update from Zions Bancorporation N.a.
[{"type":"text","content":" SALT LAKE CITY--(BUSINESS WIRE)--\nZions 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.\n\nThe 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.\n\nIn addition to these actions, the Zions board of directors declared regular quarterly cash dividends on the company's perpetual preferred shares.\n\nThe cash dividend on the following series are payable March 15, 2021 to shareholders of record on March 1, 2021:\n\n\nSeries A (NASDAQ: ZIONP; CUSIP: 98973A104);\n\n\nSeries G (NASDAQ: ZIONO; CUSIP: 989701859);\n\n\nSeries H (NASDAQ: ZIONN; CUSIP: 989701834); and\n\n\nSeries J (CUSIP: 989701BF3)\n\n\nThe cash dividend on the Series I (CUSIP: 989701BD8) shares is payable on June 15, 2021 to shareholders of record on June 1, 2021.\n\nZions 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. 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, ranking as the 9th largest provider in the U.S. of the SBA’s Paycheck Protection Program (in 2020) loans. 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.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210205005459/en/\n\nJames Abbott\nDirector of Investor Relations\nTel: (801) 844‐7637\n\nSource: Zions Bancorporation","length":3648,"tagName":"div"}]