UMPQUA HOLDINGS ANNOUNCES $0.21 PER COMMON SHARE DIVIDEND

Rhea-AI Summary

Umpqua Holdings Corporation (NASDAQ: UMPQ) has declared a quarterly cash dividend of $0.21 per common share. This dividend will be paid on February 25, 2022, to shareholders on record as of February 15, 2022. The decision reflects the company's ongoing commitment to returning value to its shareholders. Umpqua is known for its entrepreneurial approach and operates branches in Oregon, Washington, California, Idaho, and Nevada.

Positive

• Quarterly cash dividend of $0.21 per share indicates strong shareholder return strategy.

Negative

• None.

News Market Reaction – UMPQ

+2.76%

+2.76% Session move

In the trading session that priced this news, UMPQ gained 2.76%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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PORTLAND, Ore., Feb. 4, 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 February 25, 2022, to shareholders of record as of February 15, 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.

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SOURCE Umpqua Holdings Corporation

FAQ

What is the dividend amount for Umpqua Holdings in February 2022?

The dividend amount is $0.21 per common share.

When is the dividend for Umpqua Holdings payable?

The dividend is payable on February 25, 2022.

What is the record date for the Umpqua Holdings dividend?

The record date for the dividend is February 15, 2022.

How often does Umpqua Holdings pay dividends?

Umpqua Holdings pays dividends quarterly.

Is the dividend from Umpqua Holdings sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance.