Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. It offers personal banking products and services, including noninterest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder, and other commercial real estate loans, as well as loans guaranteed by the small business administration; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; long-term care, and life and disability insurance solutions; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and Roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement, and investment agency and charitable management. It operates a network of 153 branch locations, including 68 in the state of Washington, 59 in Oregon, 15 in Idaho, and 11 in California. The company was founded in 1993 and is headquartered in Tacoma, Washington.
Columbia Banking System Dividend Announcement
• Columbia Banking System announced a quarterly dividend of $0.36 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-23
• Columbia Banking System annual dividend for 2024 was $1.08
• Columbia Banking System annual dividend for 2023 was $1.38
• Columbia Banking System's trailing twelve-month (TTM) dividend yield is 5.19%
• Columbia Banking System's payout ratio for the trailing twelve months (TTM) is 61.97%
• Columbia Banking System's dividend growth over the last five years (2018-2023) was 3.90% year
• Columbia Banking System's dividend growth over the last ten years (2013-2023) was 12.90% year
Columbia Banking System Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | $0.36 | quarterly | 2024-09-09 |
2024-05-23 | $0.36 | quarterly | 2024-06-10 |
2024-02-22 | $0.36 | quarterly | 2024-03-11 |
2023-11-22 | $0.36 | quarterly | 2023-12-11 |
2023-08-24 | $0.36 | quarterly | 2023-09-11 |
2023-05-30 | $0.36 | quarterly | 2023-06-15 |
2023-02-03 | $0.30 | quarterly | 2023-02-21 |
2022-10-14 | $0.30 | quarterly | 2022-10-28 |
2022-08-02 | $0.30 | quarterly | 2022-08-17 |
2022-05-03 | $0.30 | quarterly | 2022-05-18 |
2022-02-01 | $0.30 | quarterly | 2022-02-16 |
2021-10-12 | $0.30 | quarterly | 2021-10-27 |
2021-08-10 | $0.28 | quarterly | 2021-08-25 |
2021-05-11 | $0.28 | quarterly | 2021-05-26 |
2021-02-09 | $0.28 | quarterly | 2021-02-24 |
2020-11-09 | $0.28 | quarterly | 2020-11-25 |
2020-08-04 | $0.28 | quarterly | 2020-08-19 |
2020-05-13 | $0.28 | quarterly | 2020-05-28 |
2020-02-04 | $0.50 | quarterly | 2020-02-19 |
2019-11-05 | $0.28 | quarterly | 2019-11-20 |
2019-08-06 | $0.28 | quarterly | 2019-08-21 |
2019-05-07 | $0.42 | quarterly | 2019-05-22 |
2019-02-05 | $0.42 | quarterly | 2019-02-20 |
2018-11-06 | $0.40 | quarterly | 2018-11-21 |
2018-08-07 | $0.26 | quarterly | 2018-08-22 |
2018-05-08 | $0.26 | quarterly | 2018-05-23 |
2018-02-06 | $0.22 | quarterly | 2018-02-21 |
2017-10-30 | $0.22 | quarterly | 2017-11-14 |
2017-08-07 | $0.22 | quarterly | 2017-08-23 |
2017-05-08 | $0.22 | quarterly | 2017-05-24 |
2017-02-06 | $0.22 | quarterly | 2017-02-22 |
2016-11-07 | $0.39 | quarterly | 2016-11-23 |
2016-08-08 | $0.39 | quarterly | 2016-08-24 |
2016-05-09 | $0.37 | quarterly | 2016-05-25 |
2016-02-08 | $0.38 | quarterly | 2016-02-24 |
2015-11-06 | $0.36 | quarterly | 2015-11-25 |
2015-08-03 | $0.34 | quarterly | 2015-08-19 |
2015-05-04 | $0.34 | quarterly | 2015-05-20 |
2015-02-09 | $0.30 | quarterly | 2015-02-25 |
2014-10-29 | $0.30 | quarterly | 2014-11-19 |
2014-08-04 | $0.28 | quarterly | 2014-08-20 |
2014-05-05 | $0.24 | quarterly | 2014-05-21 |
2014-02-03 | $0.12 | quarterly | 2014-02-19 |
2013-11-04 | $0.11 | quarterly | 2013-11-20 |
2013-08-05 | $0.10 | quarterly | 2013-08-21 |
2013-05-06 | $0.10 | quarterly | 2013-05-22 |
2013-02-04 | $0.10 | quarterly | 2013-02-20 |
Columbia Banking System Dividend per year
Columbia Banking System Dividend growth
Columbia Banking System Dividend Yield
Columbia Banking System current trailing twelve-month (TTM) dividend yield is 5.19%. Interested in purchasing Columbia Banking System stock? Use our calculator to estimate your expected dividend yield:
Columbia Banking System Financial Ratios
Columbia Banking System Dividend FAQ
Other factors to consider when evaluating Columbia Banking System as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Columbia Banking System's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Columbia Banking System publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Columbia Banking System distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Columbia Banking System are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Columbia Banking System sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Columbia Banking System distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Columbia Banking System declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Columbia Banking System's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Columbia Banking System's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.