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. The dividend is scheduled for payment on August 31, 2020, to shareholders on record as of August 20, 2020. This decision reflects the company's ongoing commitment to delivering shareholder value while maintaining a strong financial position.

AI-generated analysis. Not financial advice.

Positive

• Declared a quarterly cash dividend of $0.21 per common share, enhancing shareholder returns.

Negative

• None.

News Market Reaction – UMPQ

+3.90%

1 alert

+3.90% News Effect

On the day this news was published, UMPQ gained 3.90%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

PORTLAND, Ore., Aug. 10, 2020 /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 August 31, 2020, to shareholders of record as of August 20, 2020.

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.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/umpqua-holdings-announces-0-21-per-common-share-dividend-301108612.html

SOURCE Umpqua Holdings Corporation

FAQ

What is the dividend amount for Umpqua Holdings Corporation?

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

When is the Umpqua Holdings dividend payable?

The dividend is payable on August 31, 2020.

What is the record date for the Umpqua Holdings dividend?

The record date for the dividend is August 20, 2020.

How often does Umpqua Holdings pay dividends?

Umpqua Holdings Corporation typically pays dividends on a quarterly basis.

Is the dividend from Umpqua Holdings sustainable?

The sustainability of the dividend would depend on the company's ongoing financial performance and profitability.