# US regional banks dividend hikes

> Live situation record from CLSTR: https://clstr.news/situations/us-regional-banks-dividend-hikes
> Updated: 2026-07-30T22:38:12.000Z. Sources: 4. Developments: 2.

In late July 2026 two U.S. regional banks announced modest increases to their quarterly cash dividends. Sierra Bancorp raised its dividend by 4% to $0.27 per share, marking its 110th consecutive quarterly payout and prompting a slight share price uptick. A few days later, Zions Bancorporation approved a 6.7% dividend increase to $0.48 per share and authorized a $75 million share repurchase program for the third quarter, alongside a dividend on its Series A perpetual preferred shares. Both announcements underscore a trend among smaller U.S. banks to enhance shareholder returns while maintaining sustainable payout ratios.

## Timeline

### 2026-07-30: Zions Bancorporation authorizes $75 million share buyback and raises quarterly dividend

Zions Bancorporation approved up to $75 million of Q3 2026 share repurchases and raised its quarterly common dividend 6.7% to $0.48 per share, also declaring a preferred‑stock dividend.

3 sources. https://clstr.news/cluster/zions-bancorporation-authorizes-75-million-share-buyback-and-raises-quarterly-dividend

### 2026-07-24: Sierra Bancorp Raises Quarterly Dividend by 4% to $0.27 per Share

Sierra Bancorp announced a 4% quarterly dividend increase to $0.27 per share, payable Aug 10, marking its 110th consecutive dividend and spurring a small stock rise.

2 sources. https://clstr.news/cluster/sierra-bancorp-raises-quarterly-dividend-by-4-to-027-per-share

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Cite as: US regional banks dividend hikes. CLSTR, https://clstr.news/situations/us-regional-banks-dividend-hikes