ZION raises quarterly dividend 6.67% to $0.48 per share

Zions Bancorporation (ZION) has announced a quarterly dividend increase of 6.67%, raising the payout to $0.4800 per share. The new dividend will be paid to shareholders of record as of the ex-dividend date of August 13, 2026.

The numbers

The previous quarterly dividend was $0.4500 per share, which was paid consistently over the last several quarters. The new payment of $0.4800 represents an increase of $0.03 per share. At the current stock price of $71.61, the trailing twelve-month dividend yield stands at 2.56%, based on trailing twelve-month dividends per share of $1.8300. The company has a strong track record of dividend growth, with a 5-year compound annual growth rate of 5.3% and 13 consecutive years of dividend increases. Recent quarterly payments include $0.43 (May 2025), $0.45 (August 2025), $0.45 (November 2025), $0.45 (February 2026), and $0.45 (May 2026).

What it means for income investors

For income investors, this raise translates to an annualized dividend of $1.92 per share, based on the new quarterly rate. On a 100-share position, that equates to $192 in annual dividend income, up from $180 previously. The ex-dividend date of August 13, 2026, is important for investors to note, as they must own shares before that date to qualify for the upcoming payment. This increase continues ZION's pattern of consistent dividend growth, which may appeal to those seeking reliable income. For more details on ZION's dividend history, visit our dedicated page.

Reporting based on: DividendSmart market data. Figures verified against market data where available.