Umpqua Holdings Announces $0.21 Per Common Share Dividend
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.
News Market Reaction – UMPQ
In the trading session that priced this news, UMPQ gained 10.78%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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