Umpqua Holdings Announces $0.21 Per Common Share Dividend
Umpqua Holdings Corporation (NASDAQ: UMPQ) announced a quarterly cash dividend of $0.21 per common share, payable on November 30, 2020.
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.
Rhea-AI Summary
Umpqua Holdings Corporation (NASDAQ: UMPQ) announced a quarterly cash dividend of $0.21 per common share, payable on November 30, 2020. Shareholders of record as of November 20, 2020 will receive this dividend. The company is recognized for its innovative banking solutions and community engagement, operating various locations across the Pacific Northwest. Umpqua Holdings also owns Umpqua Investments, providing additional financial services to customers.
Positive
- Quarterly cash dividend of $0.21 per share demonstrates company confidence and provides income for shareholders.
Negative
- None.
Details
News Market Reaction – UMPQ
The recorded move for UMPQ in the trading session of this news was +10.78%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
PORTLAND, Ore., Nov. 9, 2020 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ: UMPQ) today announced that its Board of Directors has approved a quarterly cash dividend in the amount of
About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company of Umpqua Bank, an Oregon-based community 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 also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which has locations in Umpqua Bank stores and in dedicated offices in Oregon. Umpqua Holdings Corporation is headquartered in Portland, Oregon. For more information, visit umpquabank.com.
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SOURCE Umpqua Holdings Corporation
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