Trailing Dividend / Share
$1.79
Zions Bancorporation, National Association (ZION) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.5%
Payout Ratio
29.3%
Sustainable
Dividend Streak
13 years
ZION Dividend Income Check
Safety
29.3% payout ratio with sustainable safety profile.
Consistency
13 straight years of dividend increases.
Income Trend
Yield on cost is 4.1% and trend is rising.
ZION Dividend Scorecard
Yield & Income
Dividend Yield2.5%
Trailing DPS$1.79
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout29.3%
Earnings SafetySustainable
FCF Payout22.5%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak13 years
3Y CAGR3.7%
5Y CAGR5.3%
Yield on Cost (5Y)4.1%
YOC Trendrising
Total Returns
Buyback Yield0.4%
Total Shareholder Yield2.9%
1Y Total Return31.4%
5Y Total Return53.9%
Div Contribution (5Y)16.2%
Estimated $10K growth (return + dividends):
5Y ago$14,13010Y ago$32,25020Y ago$11,006
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ZION Income Growth Story
Dividend per share and yield on cost over time (43 years of payments)
ZION Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Zions Bancorporation, National Association distributes 29.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 22.5%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
ZION has raised its dividend for 13 consecutive years, with a 3-year CAGR of 3.7% and 5-year CAGR of 5.3%.
Total Shareholder Returns
Beyond cash dividends, ZION returns capital through share repurchases. The combined picture: 2.5% dividend yield, 0.4% buyback yield, 2.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.1% and is currently rising. The 5-year total return is 53.9%, with dividends contributing 16.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,250 today.
ZION Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$8.30
Avg/Payment$0.4150
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 14, 2026Latest | $0.4500 | — | 3.00% | May 21, 2026 |
| Feb 12, 2026 | $0.4500 | — | 2.96% | Feb 19, 2026 |
| Nov 13, 2025 | $0.4500 | — | 3.46% | Nov 20, 2025 |
| Aug 14, 2025 | $0.4500 | ↑ +4.7% | 3.24% | Aug 21, 2025 |
| May 15, 2025 | $0.4300 | — | 3.47% | May 22, 2025 |
| Feb 13, 2025 | $0.4300 | — | 3.03% | Feb 20, 2025 |
| Nov 14, 2024 | $0.4300 | ↑ +4.9% | 2.79% | Nov 21, 2024 |
| Aug 15, 2024 | $0.4100 | — | 3.56% | Aug 22, 2024 |
ZION Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
2.5%
#5 of 8
Safety
Sustainable
29.3% payout
Streak
13Y
5.3% 5Y CAGR
Total Shareholder
2.9%
#8 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| ZIONZions Bancorporation… | $10.4B | 2.5% | 29.3% | 13 | Sustainable |
 CFGCitizens Financial G… | $30.4B | 2.4% | 41.2% | 1 | Sustainable |
3rd  HBANHuntington Bancshare… | $36.5B | 3.3% | 41.1% | 0 | Sustainable |
2nd  RFRegions Financial Co… | $26.1B | 3.4% | 42.3% | 13 | Sustainable |
 FITBFifth Third Bancorp | $52.5B | 3.0% | 46.1% | 15 | Sustainable |
1st  KEYKeyCorp | $25.3B | 4.1% | 57.6% | 0 | Sustainable |
 FHNFirst Horizon Corpor… | $12.2B | 2.5% | 31.9% | 0 | Sustainable |
 WFCWells Fargo & Compan… | $266.9B | 1.9% | 25.5% | 4 | Sustainable |
ZION Annual Dividend History (1984–2026)
43 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.90 | — | 2 | — | — | — | 2.1% |
| 2025 | $1.76 | 6.0% | 4 | $6.01 | 29.3% | 3.41x | 4.1% |
| 2024 | $1.66 | 1.2% | 4 | $4.95 | 33.5% | 2.98x | 3.9% |
| 2023 | $1.64 | 3.8% | 4 | $4.35 | 37.7% | 2.65x | 3.8% |
| 2022 | $1.58 | 9.7% | 4 | $5.79 | 27.3% | 3.66x | 3.7% |
| 2021 | $1.44 | 5.9% | 4 | $6.79 | 21.2% | 4.72x | 3.4% |
| 2020 | $1.36 | 6.3% | 4 | $3.03 | 44.9% | 2.23x | 3.2% |
| 2019 | $1.28 | 23.1% | 4 | $4.16 | 30.8% | 3.25x | 3.0% |
| 2018 | $1.04 | 136.4% | 4 | $4.08 | 25.5% | 3.92x | 2.4% |
| 2017 | $0.44 | 57.1% | 4 | $2.60 | 16.9% | 5.91x | 1.0% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
42+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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ZION — Frequently Asked Questions
Quick answers to the most common questions about buying ZION stock.
How much dividend does ZION pay per share?
Zions Bancorporation, National Association (ZION) pays a trailing 12-month dividend of $1.79 per share, with a current dividend yield of +2.5%. Payments are made Semi-Annual.
When is ZION's next ex-dividend date?
ZION's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ZION typically pays dividends Semi-Annual.
Is ZION's dividend safe?
ZION's dividend safety is rated "Sustainable" based on an earnings payout ratio of +29.3% and FCF payout ratio of +22.5%. With 13 consecutive years of dividend growth, the track record supports sustainability.
Is ZION a Dividend Achiever?
Yes, Zions Bancorporation, National Association is classified as a Dividend Achiever with 13 consecutive years of dividend increases. The 5-year dividend CAGR is +5.3%, demonstrating above-inflation dividend growth.
How often does ZION pay dividends?
Zions Bancorporation, National Association pays dividends Semi-Annual. The trailing 12-month total is $1.79 per share. Dividend data on this page covers 42+ years from 1984 to 2026.
How much would $10,000 invested in ZION grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ZION five years ago would be worth approximately $14,130 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ZION's yield on cost for long-term holders?
ZION's yield on cost — the current dividend divided by the original purchase price — is +4.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.5% market yield, thanks to consistent dividend growth.