Columbia Banking System Increases Quarterly Cash Dividend to $0.38 Per Share
Columbia Banking System, Inc. (COLB) has announced a 3% increase in its quarterly cash dividend, raising the payout to $0.38 per common share. The dividend is scheduled to be paid on December 14, 2026, to shareholders of record as of November 27, 2026. CEO Clint Stein attributed the increase to strong financial performance and successful share repurchases over the previous year. This move complements the company's recently authorized $1.2 billion share repurchase program, signaling a robust capital return strategy aimed at driving long-term shareholder value through balance sheet optimization.
Tickers: $COLB
Topics: capital return dividend increase shareholder value
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