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STSA > SEC Filings for STSA > Form 8-K on 19-Mar-2014All Recent SEC Filings

Show all filings for STERLING FINANCIAL CORP /WA/

Form 8-K for STERLING FINANCIAL CORP /WA/


19-Mar-2014

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events

On March 19, 2014, Sterling Financial Corporation ("Sterling") announced that its Board of Directors approved a quarterly cash dividend of $0.20 per common share, payable on April 15, 2014 to shareholders of record as of April 1, 2014. The timing for the payment of this dividend is being accelerated in accordance with the Agreement and Plan of Merger ("Merger Agreement") between Sterling and Umpqua Holdings Corporation ("Umpqua") in order to ensure that Sterling shareholders receive the same number of dividends as Umpqua shareholders for each quarter between execution of the Merger Agreement and completion of the merger, which is currently expected during the second quarter of 2014, subject to regulatory approval and the satisfaction of customary closing conditions.

The press release for this announcement is included as Exhibit 99.1 of this Report.



Item 9.01. Financial Statements and Exhibits.

(d) The following exhibit is being furnished herewith:

Exhibit No. Exhibit Description

99.1 Press release text of Sterling Financial Corporation dated March 19, 2014.


S I G N A T U R E

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

STERLING FINANCIAL CORPORATION
(Registrant)

March 19, 2014 By: /s/ Patrick J. Rusnak Date Patrick J. Rusnak Chief Financial Officer


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