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PORTLAND, Ore., Sept. 14, 2018 (GLOBE NEWSWIRE) -- Umpqua Holdings Corporation (NASDAQ: UMPQ), the parent company of Umpqua Bank and Umpqua Investments, Inc., today announced that its Board of Directors has approved an increase in the quarterly cash dividend to $0.21 per common share. This represents an increase of 5.0% from the prior quarterly cash dividend of $0.20 per common share. The dividend is payable on October 15, 2018, to shareholders of record as of September 28, 2018.
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, and Pivotus Ventures, an enterprise software and innovation company headquartered in Silicon Valley. Umpqua Holdings Corporation is headquartered in Portland, Oregon. For more information, visit umpquabank.com.
|Ron Farnsworth||Brad Howes|
|EVP/Chief Financial Officer||SVP/Director of Investor Relations|
|Umpqua Holdings Corporation||Umpqua Holdings Corporation|