Zions Bancorporation Raises Quarterly Dividend 4.9%

Dow Jones11-02

By Stephen Nakrosis

Zions Bancorporation said Friday its board approved an increase to the company's quarterly dividend, raising it to 43 cents per share from 41 cents.

The new payout, equal to $1.72 on an annual basis, represents a dividend yield of 3.3% based on the company's closing share price of $52.06 on Thursday,

The new dividend will be payable on Nov. 21 to shareholders of record as the close of business on Nov. 14.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

November 01, 2024 14:31 ET (18:31 GMT)

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