Trailing Dividend / Share
$1.68
Zions Bancorporation, National Association (ZION) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.7%
Payout Ratio
31.6%
Sustainable
Dividend Streak
13 years
ZION Dividend Income Check
Safety
31.6% 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 Yield2.7%
Trailing DPS$1.68
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout31.6%
Earnings SafetySustainable
FCF Payout25.9%
FCF SafetyWell Covered
Piotroski F-Score8/9
Growth
Growth Streak13 years
3Y CAGR3.7%
5Y CAGR5.3%
Yield on Cost (5Y)4.1%
YOC Trendrising
Total Returns
Buyback Yield4.4%
Total Shareholder Yield7.1%
1Y Total Return42.1%
5Y Total Return19.7%
Div Contribution (5Y)13.8%
Estimated $10K growth (return + dividends):
5Y ago$11,96610Y ago$29,05520Y ago$9,884
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
Dividend Analysis
Payout Safety
Zions Bancorporation, National Association distributes 31.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 25.9%, rated "Well Covered".
Piotroski F-Score: 8/9 — 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: 2.7% dividend yield, 4.4% buyback yield, 7.1% 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 19.7%, with dividends contributing 13.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $29,055 today.
ZION Recent Dividend Payments
Last 20 payments · Annual
TTM Total$8.19
Avg/Payment$0.4095
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 12, 2026Latest | $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 |
| May 15, 2024 | $0.4100 | — | 3.64% | May 23, 2024 |
ZION Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
2.7%
#4 of 7
Safety
Sustainable
31.6% payout
Streak
13Y
5.3% 5Y CAGR
Total Shareholder
7.1%
#5 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| ZIONZions Bancorporation… | $9.3B | 2.7% | 31.6% | 13 | Sustainable |
 CFGCitizens Financial G… | $27.7B | 2.6% | 51.0% | 3 | Sustainable |
1st  HBANHuntington Bancshare… | $25.6B | 3.7% | 41.1% | 0 | Sustainable |
2nd  RFRegions Financial Co… | $24.3B | 3.7% | — | 13 | Unknown |
3rd  FITBFifth Third Bancorp | $33.3B | 3.4% | 50.8% | 15 | Sustainable |
 FHNFirst Horizon Corpor… | $11.9B | 2.6% | — | 3 | Unknown |
 WFCWells Fargo & Compan… | $244.8B | 1.9% | 26.0% | 3 | Sustainable |
ZION Annual Dividend History (1984–2026)
43 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.45 | — | 1 | — | — | — | 1.0% |
| 2025 | $1.76 | 6.0% | 4 | — | — | — | 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% |
See ZION's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonZION — 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 $1.68 per share, with a current dividend yield of +2.7%. Payments are made 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 Annual.
Is ZION's dividend safe?
ZION's dividend safety is rated "Sustainable" based on an earnings payout ratio of +31.6% and FCF payout ratio of +25.9%. 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 Annual. The trailing 12-month total is $1.68 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 $11,966 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 +2.7% market yield, thanks to consistent dividend growth.