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

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Piper Jaffray Downgrades Columbia Banking System (COLB) to Neutral

April 29, 2016 6:43 AM EDT

Piper Jaffray downgraded Columbia Banking System (NASDAQ: COLB) from Overweight to Neutral with a price target of $31.00 (from $33.00).

Analyst Matthew T. Clark commented, "We lower our 2016E / 2017E EPS to $1.74 / $1.87 (from $1.93 / $2.01) & establish a 2018E EPS of $2.05 after COLB posted weaker results that included more... More

Columbia Banking System (COLB) Declares $0.18 Special Dividend; 0.6% Yield

April 27, 2016 6:00 PM EDT

Columbia Banking System (NASDAQ: COLB) declared a special dividend of $0.18 per share.

The dividend will be payable on May 25, 2016, to stockholders of record on May 11, 2016, with an ex-dividend date of May 9, 2016.

The annual yield on the dividend is 0.6 percent.

For a... More