Mobile Menu Locations Contact

Columbia Bank News


CB Announces Regular and Special Cash Dividends

by User Not Found | Jun 16, 2015
January 29, 2015

Columbia Banking System, Inc. announced that a quarterly cash dividend of $0.16 per common share, and per common share equivalent for holders of preferred stock, will be paid on February 25, 2015 to shareholders of record as of the close of business on February 11, 2015.

In addition, the Board of Directors declared a special cash dividend of $0.14 per common share, and per common share equivalent for holders of preferred stock, which will also be paid on February 25, 2015 to shareholders of record as of the close of business on February 11, 2015.

Melanie Dressel, President and Chief Executive Officer noted, "As always, we are committed to actively managing our capital position. We are pleased to pay a special cash dividend for the fourth consecutive quarter. Along with our regular dividend, the special dividend constitutes a payout ratio of 88% for the quarter and a dividend yield of 4.74% based on our closing price on January 28, 2015."

Share:

connect nearby or online

Click to Share Your Location

We'll find a branch near you. You can also visit the locations page or contact us.

Enter a zip code to find the
nearest branch
submit

Connect with CB

More About CB

May we interest you in...



Follow Columbia Bank