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ZIONP Zions Bancorporation N.A. ADRs of Series A Floating-Rate Non-Cumulative Perpetual Preferred

Non-cumulative dividends on the Series A Preferred Stock will be payable quarterly in arrears when, as and if declared by our board of directors or a duly authorized committee of the board at a rate per annum equal to the greater of (1) 0.520% above three-month LIBOR on the related LIBOR determination date or (2) 4.000%. The dividend payment dates will be the 15th day of March, June, September and December, commencing on March 15, 2007 or the next business day if any such date is not a business day. The stock is not redeemable prior to December 15, 2011. On and after that date, the Series A Preferred Stock will be redeemable at our option, in whole at any time or in part from time to time, at a redemption price equal to $25 per depositary share, plus any declared and unpaid dividends, without accumulation of any undeclared dividends.  This security was issued by Zions Bancorporation, whose common stock symbol is ZION.

$20.47  +0.59 (2.94%)
As of 03/27/2023 10:22:29 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  USA
Country of incorporation:  USA
IPO date:  01/02/2020
Outstanding shares:  9,600,000
Average volume:  13,611
Market cap:   $191,040,000
Current dividend yield:  6.65%    calculation
Initial coupon rate:    4.000%
Spread to LIBOR: 0.005200
Cumulative:    No
Liquidation value:   $25.00
Callable after:   12/15/2011
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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