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UMB Financial Corporation Announces Dividend on Series A Preferred Stock; Nasdaq UMBFP

1. UMB Financial declares $0.4375 dividend for preferred stockholders. 2. Dividend payment scheduled for April 15, 2025.

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FAQ

Why Bullish?

The declaration of a preferred stock dividend indicates strong financial health and commitment to shareholders. Historical data show similar announcements often lead to positive price movements for financial companies.

How important is it?

The dividend announcement is a clear indicator of financial strength, typically boosting investor confidence and stock price. It signals UMBF’s management's positive outlook on future earnings, essential for attracting and retaining investor interest.

Why Long Term?

The scheduled dividend payment signifies ongoing profitability and attracts long-term investors. This approach has historically benefited UMBF by suggesting stability in earnings.

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KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced today that its Board of Directors approved a dividend of $175 per share of the Company's Series A 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (the “UMB Preferred Stock”), which results in a dividend of $0.4375 per depositary share. The dividend is payable April 15, 2025, to holders of record of the UMB Preferred Stock as of the close of business on March 31, 2.

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