Zions Bancorporation, National Association (NASDAQ:ZIONP) Shares Down 6.6% – Here’s What Happened

Shares of Zions Bancorporation, National Association (NASDAQ:ZIONP – Get Free Report) dropped 6.6% during mid-day trading on Tuesday. The stock traded as low as $16.72 and last traded at $16.76. Approximately 13,197 shares traded hands during mid-day trading, an increase of 118% from the average daily volume of 6,067 shares. The stock had previously closed at $17.94.

Zions Bancorporation, National Association Trading Down 1.3%

The stock’s 50-day simple moving average is $18.11 and its 200 day simple moving average is $18.66.

Zions Bancorporation, National Association Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.2840 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.4%. This is a negative change from Zions Bancorporation, National Association’s previous quarterly dividend of $0.3204.

Zions Bancorporation, National Association Company Profile

(Get Free Report)

Zions Bancorporation, National Association is the principal banking subsidiary of Zions Bancorporation, Inc, a financial services organization headquartered in Salt Lake City, Utah. Chartered in 1873, the bank has grown through strategic acquisitions and an expanded branch network to serve a diverse customer base. As a nationally chartered institution regulated by the Office of the Comptroller of the Currency and the FDIC, Zions National Association plays a central role in delivering banking and financial services to individuals, businesses and government entities.

The bank’s core offerings encompass commercial and retail banking, including deposit accounts, lending solutions and treasury management services.

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