Columbia Banking System (COLB) Raises Special Dividend 5.6% to $0.19; 0.6% Yield

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Go back to Columbia Banking System (COLB) Raises Special Dividend 5.6% to $0.19; 0.6% Yield

Columbia Banking System Announces Increased Regular Cash Dividend of $0.19 and Declares Special Cash Dividend of $0.18

April 27, 2016 4:00 PM EDT

TACOMA, Wash., April 27, 2016 /PRNewswire/ -- Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.19 per common share, and per common share equivalent for holders of preferred stock, will be paid on May 25, 2016 to shareholders of record as of the close of business on May 11, 2016.  This is a 6% increase from the $0.18 regular cash dividend paid during the first quarter 2016.

In addition, the Board of Directors declared a special cash dividend of $0.18... More