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Why Zions (ZION) is a Great Dividend Stock Right Now
ZIONZions Bancorporation(ZION) ZACKS·2025-02-10 17:46

Group 1: Company Overview - Zions is based in Salt Lake City and operates in the Finance sector, with a year-to-date share price change of 5.55% [3] - The company currently pays a dividend of 0.43pershare,resultinginadividendyieldof30.43 per share, resulting in a dividend yield of 3%, which is higher than the Banks - West industry's yield of 2.67% and the S&P 500's yield of 1.49% [3] Group 2: Dividend Performance - Zions has an annualized dividend of 1.72, reflecting a 3.6% increase from the previous year [4] - Over the past five years, Zions has increased its dividend three times, achieving an average annual increase of 5.51% [4] - The current payout ratio is 35%, indicating that the company pays out 35% of its trailing 12-month earnings per share as dividends [4] Group 3: Earnings Expectations - Zions is expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $5.35 per share, representing a year-over-year growth rate of 8.08% [5] Group 4: Investment Appeal - Zions is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]