08-31-2023
USD/share | |
Price | 35.50 |
Dividend | 1.64 |
Earnings | 5.92 |
Cash-flow | 9.86 |
Book value | 29.58 |
Equity | 38.95 |
Zions Bancorp is part of Banks business, which is part of Financials industry. Zions Bancorp is a company from USA, and his stocks are publicly traded.
Zions Bancorp stock dividend
Zions Bancorp paid a total dividend of 243 million USD last year, for a market value of 5,254 millions (Market Cap 5,153 millions). Zions Bancorp dividend per share is 1.64 USD, and his stock market price 35.50 USD.
According to the chart below, where dividend yield is displayed, Zions Bancorp has a dividend yield of 4.62%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Zions Bancorp stocks dividend with other Banks companies or other of the highest USA dividend stocks list.
Zions Bancorp Dividend Payout
About the ability of Zions Bancorp to maintain his current dividend of USD 1.64 per share, an amount that accounts for 4.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Zions Bancorp payout on ernings is currently 27.70%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Zions Bancorpcan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Zions Bancorp is USD 9.86 per share, which is higher than the dividend per share paid by the company of USD 1.64, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Zions Bancorp, compared againt world market average, USA companies, Financials industry and Banks sector companies.
Zions Bancorp Dividend History
Below you will find a table with the historical evolution of Zions Bancorp's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | USD | Paypout | Shares* |
Present | 4.62% | 1.64 | 27.70% | 148 |
2022 | 3.34% | 1.64 | 22.68% | 150 |
2021 | 2.41% | 1.52 | 47.35% | 157 |
2020 | 3.13% | 1.36 | 28.81% | 164 |
2019 | 2.62% | 1.36 | 27.53% | 171 |
2018 | 2.95% | 1.20 | 38.34% | 192 |
2017 | 1.26% | 0.64 | 30.92% | 200 |
2016 | 0.80% | 0.32 | 25.60% | 205 |
2015 | 0.80% | 0.24 | 14.55% | 203 |
*In millions
Then you can see the evolution of Zions Bancorp dividend stock, and compare it with the average of USA stocks and that of the Banks stocks.
Zions Bancorp Stock performance
Finally, last moth Zions Bancorp showed a return of -7.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -35.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Banks firms.