Columbia Banking System, Inc. ("Columbia") has announced a quarterly cash dividend of $0.36 per common share, payable on December 16, 2024, to shareholders of record as of November 29, 2024. This represents a consistent dividend amount compared to the previous period.
Columbia is the parent company of Umpqua Bank, with over $50 billion in assets and a presence in several western U.S. states including Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington.
This announcement reflects Columbia's commitment to delivering value to its shareholders through regular dividend payments, supporting its position as a leading regional bank in the western U.S. Following these announcements, the company's shares moved -0.8%, and are now trading at a price of $30.88. For the full picture, make sure to review Columbia Banking System's 8-K report.