Regions, UMB declare quarterly dividends

The dividend is payable July 2 to shareholders of record on June 11.

UMB’s board of directors also authorized a stock repurchase of up to 2 million shares during the next year. Shares bought through the program will be used for “general corporate purchases” and may be available for re-issuance at a later date, according to a company news release.

Meanwhile, on April 19, Birmingham, Ala.-based Regions Financial Corp. declared its 145th consecutive quarterly dividend.

The dividend is 36 cents per share and is payable July 2 to shareholders of record as of June 18.[[In-content Ad]]