Umpqua Holdings Announces $0.21 Per Common Share Dividend
Umpqua Holdings Corporation (NASDAQ: UMPQ) has declared a quarterly cash dividend of $0.21 per common share.
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) 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.
Details
News Market Reaction – UMPQ
The recorded move for UMPQ in the trading session of this news was -1.19%.
Data tracked by StockTitan Argus. Session date unavailable.
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
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