Columbia Banking System, Inc. (NASDAQ: COLB) has announced a quarterly cash dividend of $0.36 per common share, payable on June 16, 2025, to shareholders of record as of May 30, 2025. This represents a continuation of the company's dividend payout to its shareholders.
As of the announcement date, Columbia Banking System, Inc. has over $50 billion in assets. The company is the parent company of Umpqua Bank, an award-winning regional bank with a presence in the western United States.
The dividend announcement comes as Columbia Banking System, Inc. continues to support consumers and businesses through a full suite of services, including retail and commercial banking, small business administration lending, institutional and corporate banking, and equipment leasing.
The dividend payout represents a certain level of financial stability and confidence in the company's performance and outlook, which may be of interest to investors and analysts tracking the company's progress.
Investors and shareholders will likely be keen to see how this dividend amount compares to previous quarters and how it reflects the company's financial performance and strategy moving forward. As a result of these announcements, the company's shares have moved -0.44% on the market, and are now trading at a price of $25.02. For the full picture, make sure to review COLUMBIA BANKING SYSTEM, INC.'s 8-K report.