Columbia Banking Rewards Shareholders With a 2.8% Dividend Hike

Key Takeaways COLB boosts its quarterly dividend to 37 cents per share, a 2.8% increase from the prior payout.COLB backs dividends with a 7.05% five-year growth rate and a 48% earnings payout ratio.COLB authorizes a $700M share repurchase plan and holds $2.34B in cash with no long-term debt.Columbia Banking System, Inc. (COLB) , parent company of Columbia Bank, has announced a quarterly dividend of 37 cents per share, marking a 2.8% increase from the prior payout. The dividend will be paid on Dec. 15, 2025, ...