SALT LAKE CITY, July 22, 2016 /PRNewswire/ -- Zions
Bancorporation (NASDAQ: ZION) announced today that its board of
directors declared a regular quarterly dividend of $0.08 per common share. The dividend is payable
August 25, 2016 to shareholders of
record on August 18, 2016. Zions
also announced today that the board has authorized the commencement
of its stock buyback program, including $45
million in the third quarter of 2016. The board of directors
also declared the regular quarterly cash dividends on the company's
various perpetual preferred shares; the cash dividend on the Series
A, F, G, H and J shares are payable on September 15, 2016 to shareholders of record on
September 1, 2016, while the cash
dividend on the Series I shares are payable on December 15, 2016 to shareholders of record on
December 1, 2016.
Zions Bancorporation is one of the nation's premier financial
services companies with total assets of approximately $60 billion. Zions operates under local
management teams and unique brands in 11 western states:
Arizona, California, Colorado, Idaho, Nevada, New
Mexico, Oregon,
Texas, Utah, Washington and Wyoming. The company is a national leader in
Small Business Administration lending and public finance advisory
services, and is a consistent top recipient of Greenwich Excellence
awards in banking. 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
zionsbancorp.com.
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SOURCE Zions Bancorporation