06-28-2017, 05:53 PM
Zions Bancorporation (NASDAQ: ZION) won approval for its plan to boost its dividend to $0.12 in Q3, $0.16 in Q4, $0.20 in Q1 2018, and $0.24 in Q2 2018 -- that's about $140M in total dividends. It's also planning up to $465M in common stock redemption.
https://seekingalpha.com/pr/16875211-fed...pital-plan
https://seekingalpha.com/pr/16875211-fed...pital-plan