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Columbia Banking Rewards Shareholders With a 2.8% Dividend Hike
ZACKS· 2025-11-18 17:11
Core Insights - Columbia Banking System, Inc. (COLB) has announced a quarterly dividend of 37 cents per share, reflecting a 2.8% increase from the previous payout [1][10] - The company has a current dividend yield of 5.59%, significantly higher than the industry average of 3.27% [2] - Over the past five years, COLB has increased its dividend three times, maintaining a five-year annualized dividend growth rate of 7.05% and a payout ratio of 48% [2][4] Dividend and Capital Distribution - The upcoming dividend will be paid on December 15, 2025, to shareholders of record as of November 28, 2025 [1] - Columbia Banking has authorized a new share repurchase plan of up to $700 million, effective through November 30, 2026 [5][10] - As of September 30, 2025, the company reported total cash and cash equivalents of $2.3 billion and short-term debt of $2.9 billion, with no long-term debt [5][10] Price Performance - Over the past six months, shares of Columbia Banking have increased by 3.4%, outperforming the industry growth of 2.3% [7]
C.H. Robinson Rewards Shareholders With 1.6% Dividend Hike
ZACKS· 2025-11-12 15:46
Core Insights - C.H. Robinson Worldwide, Inc. (CHRW) has approved a 1.6% increase in its quarterly cash dividend, raising it to 63 cents per share from 62 cents, reflecting the company's commitment to enhancing shareholder returns [1][5][10] - The company has a strong history of uninterrupted dividend payments, having increased its dividends annually for over 25 years [2][10] - In 2022, CHRW returned $285.32 million in cash dividends and $1.459 billion through share repurchases, while in 2023, it paid $291.56 million in dividends and repurchased shares worth $63.88 million [3] Dividend and Shareholder Returns - The raised dividend will be paid on January 5, 2026, to shareholders of record as of December 5, 2025, indicating a strategic use of free cash flow to benefit shareholders [1] - During the first nine months of 2025, CHRW returned $227.05 million in cash dividends and $240.25 million through share repurchases, demonstrating a consistent approach to shareholder value [3][10] Industry Context - Other companies in the transportation sector, such as Kirby Corporation and Werner Enterprises, are also engaging in shareholder-friendly initiatives, including stock repurchase programs, indicating a broader trend within the industry [6][7][8]
Fifth Third Hikes Quarterly Dividend by 8.1%: Can the Momentum Last?
ZACKS· 2025-09-15 19:16
Core Insights - Fifth Third Bancorp (FITB) has announced a quarterly dividend of 40 cents per share, representing an 8.1% increase from the previous payout, marking the 10th consecutive year of increasing shareholder payouts with an annualized growth rate of 7.84% [1][9] Dividend Information - The dividend will be paid on October 15, 2025, to shareholders of record as of September 30, 2025 [1] - Based on a closing price of $45.56, the company's dividend yield is 3.25% with a payout ratio of 44%, indicating a balance between reinvestment and capital returns [2] Capital Distribution Activities - In addition to dividends, FITB has approved a new share repurchase plan of up to 100 million shares in June 2025, replacing the previous plan from 2019 [5][9] - As of June 30, 2025, the company had total liquidity of $16 billion and total debt of $17.9 billion, with a common equity tier 1 ratio of 10.56%, supporting its capital distribution activities [6][9] Price Performance - Over the past year, FITB shares have gained 7.5%, while the industry has seen an 18.1% growth [7]