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 August 15, 2022, to shareholders of record as of August 1, 2022. The company, headquartered in Portland, Oregon, operates Umpqua Bank and has been recognized for its customer satisfaction and innovative banking strategies. Umpqua has maintained a strong reputation, being acknowledged by national publications and industry studies.

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• Quarterly cash dividend announced at $0.21 per share, reflecting ongoing shareholder return strategies.

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• None.

PORTLAND, Ore., July 20, 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 August 15, 2022, to shareholders of record as of August 1, 2022.

About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ: UMPQ) headquartered in Portland, Oregon, is the parent company of Umpqua Bank, an Oregon-based regional bank with locations across Oregon, Washington, California, Idaho and Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company was named #1 in Customer Satisfaction for the Northwest Region in the J.D. Power 2021 U.S. Retail Banking Satisfaction StudySM, and Forbes consistently ranks Umpqua as one of America's Best Banks. The Portland Business Journal has also recognized Umpqua as the Most Admired Financial Services Company in Oregon for seventeen consecutive years. In addition to its retail and commercial banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to businesses. For more information, visit umpquabank.com.

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SOURCE Umpqua Holdings Corporation

FAQ

What is the dividend amount for Umpqua Holdings in 2022?

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

When is the Umpqua Holdings dividend payable?

The dividend is payable on August 15, 2022.

What is the record date for the Umpqua Holdings dividend?

The record date for the dividend is August 1, 2022.

How often does Umpqua Holdings pay dividends?

Umpqua Holdings typically pays dividends quarterly.

Is the Umpqua Holdings dividend sustainable?

While the press release does not provide sustainability insights, the ongoing dividend payments suggest a commitment to returning value to shareholders.