Columbia Banking System (COLB) Declares $0.18 Quarterly Dividend; 2.5% Yield

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Go back to Columbia Banking System (COLB) Declares $0.18 Quarterly Dividend; 2.5% Yield

Columbia Banking System Announces Increased Regular Cash Dividend of $0.18 and Declares Special Cash Dividend of $0.16

April 22, 2015 7:00 PM EDT

TACOMA, Wash., April 22, 2015 /PRNewswire/ -- Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.18 per common share, and per common share equivalent for holders of preferred stock, will be paid on May 20, 2015 to shareholders of record as of the close of business on May 6, 2015. This is a 13% increase from the $0.16 cash dividend paid for the prior quarter.

In addition, the Board of Directors declared a special cash dividend of $0.16 per... More