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 payable on May 28, 2021, to shareholders on record as of May 18, 2021. Umpqua Holdings operates Umpqua Bank, known for its innovative banking solutions, with branches across Oregon, Washington, California, Idaho, and Nevada. The announcement reflects the company's ongoing commitment to returning value to shareholders while maintaining a solid operational presence.
Positive
- Quarterly cash dividend of $0.21 per share demonstrates commitment to shareholder returns.
- Dividend payment reinforces company’s financial stability.
Negative
- None.
News Market Reaction – UMPQ
On the day this news was published, UMPQ declined 1.19%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
PORTLAND, Ore., May 5, 2021 /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 Corporation is headquartered in Portland, Oregon. For more information, visit umpquabank.com.
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SOURCE Umpqua Holdings Corporation