On 2/27/13, Zions Bancorporation's 9.50% Series C Non-Cumulative Perpetual Preferred Stock (NYSE: ZB.PRC) will trade ex-dividend, for its quarterly dividend of $0.5938, payable on 3/15/13. As a percentage of ZB.PRC's recent share price of $26.39, this dividend works out to approximately 2.25%, so look for shares of ZB.PRC to trade 2.25% lower -- all else being equal -- when ZB.PRC shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 9.02%, which compares...
On 2/27/13, Zions Bancorporation's 9.50% Series C Non-Cumulative Perpetual Preferred Stock (NYSE: ZB.PRC) will trade ex-dividend, for its quarterly dividend of $0.5938, payable on 3/15/13. As a percentage of ZB.PRC's recent share price of $26.39, this dividend works out to approximately 2.25%, so look for shares of ZB.PRC to trade 2.25% lower -- all else being equal -- when ZB.PRC shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 9.02%, which compares...
Share this Article
Recommended