Zions Bancorporation's Series F Fixed-Rate Non-Cumulative Perpetual Preferred Stock About To Put More Money In Your Pocket

On 11/26/14, Zions Bancorporation's Series F Fixed-Rate Non-Cumulative Perpetual Preferred Stock (NYSE: ZB.PRF) will trade ex-dividend, for its quarterly dividend of $0.4937, payable on 12/15/14. As a percentage of ZB.PRF's recent share price of $27.71, this dividend works out to approximately 1.78%, so look for shares of ZB.PRF to trade 1.78% lower — all else being equal — when ZB.PRF shares open for trading on 11/26/14. On an annualized basis, the current yield is approximately 7.11%, whic...