Shares of Zions Bancorp (NASDAQ:ZION) ended Thursday session in green amid volatile trading. The shares closed up +1.98 points or 5.72% at $36.60 with 6.76 million shares getting traded. Post opening the session at $35.37, the shares hit an intraday low of $35.20 and an intraday high of $36.98 and the price vacillated in this range throughout the day. The company has a market cap of $7.97 billion and the numbers of outstanding shares have been calculated to be 203.72 million shares.
Zions Bancorp (ZION) declared recently that its board of directors declared a regular quarterly dividend of $0.08 per common share. The dividend is payable November 23, 2016 to shareholders of record on November 16, 2016. The board of directors also declared regular quarterly cash dividends on the company’s various perpetual preferred shares. The cash dividend on the Series A, F, G, H and I shares are payable December 15, 2016 to shareholders of record on December 1, 2016, while the cash dividend on the Series J is payable on March 15, 2017 to shareholders of record on March 1, 2017.
Shares of New York Community Bancorp, Inc. (NYSE:NYCB) ended Thursday session in green amid volatile trading. The shares closed up +0.05 points or 0.34% at $14.85 with 10.65 million shares getting traded. Post opening the session at $14.91, the shares hit an intraday low of $14.72 and an intraday high of $15.41 and the price vacillated in this range throughout the day. The company has a market cap of $7.69 billion and the numbers of outstanding shares have been calculated to be 487.06 million shares.
New York Community Bancorp, Inc. (NYCB) recently declared that, based on negotiations with its regulators, it does not expect to receive the regulatory approvals required to consummate the projected merger with Astoria Financial Corporation (“Astoria Financial”) (AF) by the end of 2016.
Under the terms of the merger agreement with Astoria Financial, either the Company or Astoria Financial may terminate the agreement, without penalty, if the merger has not occurred by December 31, 2016. Astoria Financial and the Company remain committed to the transaction, but any extension of such date or other modification under the merger agreement is subject to the discretionary approval of the Boards of Directors of both companies, and there can be no assurance that both Boards will agree to any such extension or other modification.