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 February 26, 2021. Shareholders must be on record by February 16, 2021 to receive this dividend. Umpqua Holdings operates a community bank, Umpqua Bank, with locations in Oregon, Washington, California, Idaho, and Nevada. The company focuses on innovative banking solutions and customer experience and also owns a retail brokerage subsidiary.

Positive

• Quarterly cash dividend of $0.21 per share announced.
• Strong record date of February 16, 2021, indicating shareholder confidence.

Negative

• None.

PORTLAND, Ore., Feb. 1, 2021 /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 26, 2021, to shareholders of record as of February 16, 2021.

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

FAQ

What is the dividend amount announced by Umpqua Holdings (UMPQ)?

Umpqua Holdings announced a dividend of $0.21 per common share.

When will the dividend for Umpqua Holdings (UMPQ) be paid?

The dividend will be paid on February 26, 2021.

What is the record date for the Umpqua Holdings (UMPQ) dividend?

The record date for the dividend is February 16, 2021.

How often does Umpqua Holdings (UMPQ) pay dividends?

Umpqua Holdings typically pays dividends quarterly.

Is the dividend from Umpqua Holdings (UMPQ) sustainable?

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