Umpqua Holdings Corporation (UMPQ) stock prices updated...
 

Umpqua Holdings Corporation stock price

Umpqua Holdings Corporation latest news:


  • 09/14/2017 06:09:38

    Umpqua Bank parent raises dividend by 12.5%

    Umpqua Holdings Corp. , the Portland-based parent of Umpqua Bank, said Thursday it will raise its quarterly dividend by 12.5% to 18 cents a share from 16 cents a share. The new dividend will be payable Oct. 16 to shareholders of record on Sept. 30. Based on Wednesday's stock closing price of $18.23, the new annual dividend rate of 72 cents a share implies a dividend yield of 3.95%, compared with the implied dividend yield on the SPDR S&P Regional Banking ETF of 1.47% and on the S&P 500 of 1.98%. Umpqua's stock, which was still inactive in premarket trade, has lost 2.4% over the past three months, while the regional bank ETF has shed 5.1% and the S&P 500 has gained 2.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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