UMB Financial Lifts Common Dividend 16.3% to $0.50, Declares Preferred Payout

Dividend Increase and Declaration

UMB Financial Corporation (Nasdaq: UMBF) announced that its board of directors has approved a quarterly dividend of $0.50 per share on its common stock, representing a 16.3% increase from the prior dividend. The common dividend is payable on October 1, 2026, to shareholders of record as of September 10, 2026.

In addition, the company declared a quarterly dividend of $193.75 per share on its Series B 7.75% preferred stock (UMBFO), which translates to $0.484375 per depositary share. The preferred dividend is payable on October 15, 2026, to stockholders of record as of September 30, 2026.

Company Overview

UMB Financial Corporation is a financial services holding company headquartered in Kansas City, Missouri. The company operates through three segments: commercial banking, personal banking, and institutional banking. Its services include deposit and lending products, investment and retirement plan services, wealth management, asset servicing, corporate trust solutions, investment banking, and healthcare services. UMB has branches across 14 states: Missouri, Arizona, California, Colorado, Iowa, Kansas, Illinois, Minnesota, Nebraska, New Mexico, Oklahoma, Texas, Utah, and Wisconsin. The company also serves business clients nationwide and institutional clients in several countries.

What it means for income investors

The 16.3% common dividend increase reflects UMB Financial's continued earnings growth and capital strength. With the new quarterly rate of $0.50 per share, the common stock offers a forward dividend yield based on recent trading levels. The preferred stock maintains its fixed 7.75% coupon, providing a stable income stream for preferred shareholders.

Reporting based on: Business Wire. Figures verified against market data where available.