Zions Bancorp hikes dividend by 11.8%

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Zions Bancorp (ZION) will raise its quarterly dividend by 11.8 percent to 38 cents per share in 2021. This comes after a dividend hike of 13.3 percent to $0.34 per share in 2019 and marks 9 straight calendar years of increases.

The next dividend is payable August 19, 2021 to shareholders of record on August 12, 2021. A new annual dividend rate of $1.52 per share yields 3.0% at a stock price of $50.86. Zions Bancorp has now raised its dividend for nine consecutive years.

Zions Bancorporation is a financial services company. Zions operates under local management teams in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. The company’s business includes Small Business Administration lending and public finance advisory services.

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Nike hikes dividend by 2.5%

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On November 20, Nike (NKE) announced a 2.5% dividend increase , lifting its quarterly payout to $0.41 per share . Based on a share price of $63 , the dividend now yields 2.7% . This marks Nike’s 24th consecutive year of dividend growth.
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