By the close of today, February 22, 2024, Zions Bancorp ZION will issue a dividend payout of $0.41 per share, resulting in an annualized dividend yield of 4.18%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on February 14, 2024.
Zions Bancorp Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-14 | 4 | $0.41 | 4.18% | 2024-02-02 | 2024-02-15 | 2024-02-22 |
| 2023-11-08 | 4 | $0.41 | 5.39% | 2023-10-27 | 2023-11-09 | 2023-11-16 |
| 2023-08-16 | 4 | $0.41 | 4.36% | 2023-07-28 | 2023-08-17 | 2023-08-24 |
| 2023-05-17 | 4 | $0.41 | 8.23% | 2023-05-05 | 2023-05-18 | 2023-05-25 |
| 2023-02-15 | 4 | $0.41 | 3.14% | 2023-01-27 | 2023-02-16 | 2023-02-23 |
| 2022-11-09 | 4 | $0.41 | 3.26% | 2022-10-28 | 2022-11-10 | 2022-11-17 |
| 2022-08-17 | 4 | $0.41 | 3.07% | 2022-07-29 | 2022-08-18 | 2022-08-25 |
| 2022-05-18 | 4 | $0.38 | 2.62% | 2022-04-29 | 2022-05-19 | 2022-05-26 |
| 2022-02-16 | 4 | $0.38 | 2.27% | 2022-01-28 | 2022-02-17 | 2022-02-24 |
| 2021-11-09 | 4 | $0.38 | 2.35% | 2021-10-22 | 2021-11-10 | 2021-11-18 |
| 2021-08-11 | 4 | $0.38 | 3.02% | 2021-07-23 | 2021-08-12 | 2021-08-19 |
| 2021-05-12 | 4 | $0.34 | 2.41% | 2021-04-30 | 2021-05-13 | 2021-05-20 |
With a dividend yield that places it neither at the top nor the bottom, Zions Bancorp finds itself in the middle among its industry peers, while Truist Finl TFC boasts the highest annualized dividend yield at 5.81%.
Analyzing Zions Bancorp Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $1.36 in 2020 to $1.64 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Zions Bancorp
From 2020 to 2023, Zions Bancorp has demonstrated an upward trend in earnings, with earnings per share rising from $2.52 to $5.41. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article provides an in-depth analysis of Zions Bancorp's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.41 per share, resulting in an annualized dividend yield of 4.18%.
With a dividend yield that places it neither at the top nor the bottom, Zions Bancorp finds itself in the middle among its industry peers, while Truist Finl boasts the highest annualized dividend yield at 5.81%.
Given that Zions Bancorp has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Zions Bancorp's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
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