PORTLAND, Ore.--(BUSINESS WIRE)--
Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank
and Umpqua Investments,today announced that its Board of
Directors approved a quarterly cash dividend of $0.07 per common share,
which represents a 40% increase over the cash dividend paid in the
previous quarter. The dividend is payable on October 14, 2011 to
shareholders of record as of September 30, 2011.
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 use of technology, and distinctive
banking solutions. Umpqua Bank has 189 locations between San Francisco,
Calif., and Seattle, Wash., along the Oregon and Northern California
Coast, Central Oregon and Northern 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 Bank’s Private Bank Division serves high net worth
individuals and non-profits providing customized financial solutions and
offerings. Umpqua Holdings Corporation is headquartered in Portland,
Ore. For more information, visit www.umpquaholdingscorp.com.
Source: Umpqua Holdings Corporation