Zions (ZION) is a Top Dividend Stock Right Now: Should You Buy?

Company Overview - Zions (ZION) is a financial holding company based in Salt Lake City, operating in the Finance sector with a year-to-date share price change of 2.08% [3] - The company currently pays a dividend of $0.43 per share, resulting in a dividend yield of 3.11%, which is higher than the Banks - West industry's yield of 2.93% and the S&P 500's yield of 1.45% [3] 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, the company has increased its dividend three times, achieving an average annual increase of 5.20% [4] - The current payout ratio is 31%, indicating that Zions paid out 31% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate predicts earnings of $5.62 per share, representing a 13.54% increase from the previous year [5] - The company is viewed as a strong dividend play, appealing to income investors due to its solid earnings growth prospects and attractive dividend yield [6]