Columbia Banking Systems, Inc. (COLB) Raises Quarterly Dividend 20% to $0.06; 1.4% Yield

July 28, 2011 9:55 AM EDT
Columbia Banking Systems, Inc. (NASDAQ: COLB) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 20% increase from the prior dividend of $0.05.

The dividend will be payable on August 24, 2011, to stockholders of record on August 10, 2011, with an ex-dividend date of August 8, 2011.

The annual yield on the dividend is 1.4 percent.


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