Columbia Banking System (COLB) Raises Quarterly Dividend 20% to $0.36; 7.8% Yield
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Columbia Banking System Announces Increase to Common Share Dividend
May 15, 2023 8:00 AM EDTTACOMA, Wash., May 15, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced its Board of Directors has approved a quarterly cash dividend in the amount of $0.36 per common share, representing a 20% increase to the most recent Columbia dividend declaration, which took place prior to the close of Columbia's merger with Umpqua on February 28, 2023. The dividend is payable... More
