Page title
Section title
- Dividend Yield
- 3.53%
- Payout Ratio
- 39.33%
- Dividend Amount Per Share
- $1.64
- Last Ex-Dividend Date
- Aug 15, 2024
ZION Dividend Safety
ZION paid out 39.33% of its $680M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
ZION's Dividend Payout Ratio of 39.329% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
ZION's Interest Coverage Ratio of 1.189 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
ZION shows excellent income quality with a ratio of 1.34. This indicates high-quality earnings and low risk of dividend cuts.
ZION Dividend Growth
Zions Bancorporation, National Association(ZION) offers a dividend yield of 3.53% and pays $1.64 in dividends per share. Explore the historical dividend growth of ZION.
Dividend Stability
ZION has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
ZION's dividend payments have shown moderate growth, growing by 3.815% annually over the last 5 years.
Earnings Growth
ZION's earnings have shown very poor growth, shrinking by -3.581% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
ZION Dividend Yield Attractiveness
Zions Bancorporation, National Association(ZION) provides a dividend yield of 3.53%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.53%
3.73%
3.92%
4.13%
Dividend Yield
ZION's dividend yield of 3.53% is considered good compared to the sector average of 3.73%, providing a strong safety margin for investors.
ZION Cash Flow
Over the past 12 months, ZION generated $3B in revenue, produced $884M in free cash flow, and distributed $287M in dividends.
Free Cash Flow Growth
ZION's free cash flow has grown by 6.375% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
ZION Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Zions Bancorporation, National Association. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.