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UMPQUA HOLDINGS ANNOUNCES $0.21 PER COMMON SHARE DIVIDEND

Umpqua Holdings Corporation (NASDAQ: UMPQ) has declared a quarterly cash dividend of $0.21 per common share.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Umpqua Holdings Corporation (NASDAQ: UMPQ) has declared a quarterly cash dividend of $0.21 per common share. This dividend is scheduled to be paid on October 28, 2022, to shareholders on record as of October 14, 2022. This announcement reflects the company's commitment to returning value to its shareholders amidst its ongoing operations across various states including Oregon, Washington, California, Idaho, and Nevada.

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Positive

  • Dividend of $0.21 per share reinforces shareholder value.
  • Scheduled payment demonstrates company commitment to consistent returns.

Negative

  • None.
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+2.22% session move Open Argus
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News Market Reaction – UMPQ

The recorded move for UMPQ in the trading session of this news was +2.22%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PORTLAND, Ore., Oct. 3, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ: UMPQ) today announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.21 per common share.  The dividend is payable on October 28, 2022, to shareholders of record as of October 14, 2022.

About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company of Umpqua Bank, an Oregon-based bank recognized for its entrepreneurial approach, innovative customer experience, and distinctive banking solutions. Umpqua Bank has locations across Oregon, Washington, California, Idaho and Nevada.  Umpqua Holdings Corporation is headquartered in Portland, Oregon. For more information, visit umpquabank.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/umpqua-holdings-announces-0-21-per-common-share-dividend-301638455.html

SOURCE Umpqua Holdings Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Umpqua Holdings Corporation (UMPQ)?

Umpqua Holdings Corporation (UMPQ) has declared a dividend of $0.21 per common share.

When will Umpqua Holdings pay its dividend?

The dividend will be paid on October 28, 2022.

What is the record date for Umpqua Holdings' dividend?

The record date for the dividend is October 14, 2022.

How often does Umpqua Holdings Corporation issue dividends?

Umpqua Holdings Corporation typically issues dividends quarterly, as evidenced by this announcement.

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